emre yumlu 
Analysts expect a rally in Ether and XRP before Trump’s inauguration on January 20 and Gensler’s departure.
Bitcoin dominance has sent an important signal to altcoin investors, potentially leading to gains for smaller cryptocurrencies in December and attracting more investments before January 20.
Bitcoin dominance, which measures Bitcoin’s share of the total crypto market value, has dropped to 56.1%, falling below a two-year support line. Popular analyst Mikybull Crypto stated on November 30 via X platform that this signals the market is “officially in altseason.”
Bitcoin Dominance ve Halving Cycle
In crypto slang, “altseason” refers to a period when cryptocurrencies other than BTC collectively gain value, typically occurring when Bitcoin’s dominance decreases.
A decline in Bitcoin dominance indicates that investors are taking profits from their BTC positions and reallocating some of those funds into altcoins.
The Crypto Money Flow Cycle
Cryptocurrencies and Bitcoin Investor Interest
Crypto investor interest has started to spread to smaller assets like Ether. Following President-elect Donald Trump’s victory in the 2024 presidential election on November 5, demand for leveraged Ether exchange-traded funds (ETFs) increased by over 160%, strengthening analysts’ expectations for Ether to rise above $4,000.
Analysts Forecast XRP Price to Reach $2.57 in December
“It is anticipated that XRP could reach approximately $2.57 during [December 2024]. Notably, XRP’s price trends may be influenced by Bitcoin’s halving event. Historically, XRP has shown significant growth around 228 days after a Bitcoin halving.”
Lee added that further progress on a potential XRP ETF would be a major price catalyst for the coin. Asset management company 21Shares filed for an XRP ETF with the U.S. Securities and Exchange Commission (SEC) on November 1, becoming the third company to do so.
SEC Chair Gensler’s Departure Could Trigger a Crypto Rally into 2025
XRP and other altcoins may also benefit from fundamental price catalysts as they move into the first month of 2025.
One of these catalysts is SEC Chair Gary Gensler’s departure on January 20, which could signal the acceptance of more crypto-based ETFs and improved cryptocurrency regulations.
Trump’s presidential inauguration on the same day is expected to boost investor risk appetite. Some analysts forecast Ether to rise above $4,000 before Trump’s inauguration.
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