# AltcoinsAndTheGeneralMarket

#Altcoins and the General Market
* Mixed Trend: Despite Bitcoin holding around $107,000, the altcoin market is generally seeing a mixed performance. While some altcoins are rising, others are losing value.
* Featured Altcoins:
* Cardano (ADA): Gained over 10% in the last 24 hours.
* Ripple (XRP): Ripple has applied for a national banking license in the US, and the value of XRP has increased with this news.
* Solana (SOL): With the launch of the new Solana staking ETF, the SOL price has also shown movement.
* Ethereum (ETH): It is showing weaker momentum compared to Bitcoin and is trading bel

#Altcoins and the General Market
* Ethereum Recovery: While Ethereum (ETH) has lagged behind Bitcoin, it has been showing a strong recovery in recent weeks, approaching $2,900. Institutional capital has also begun to flow into Ethereum.
* Altcoin Season Hints: While some altcoins are experiencing some activity, Bitcoin's market dominance (around 64%) remains high. There are mixed signals yet as to whether altcoin season has begun, but DeFi and AI-focused projects are gaining traction.
* Market Capitalization: The total cryptocurrency market capitalization increased from $3.26 trillion to $3.