Bitcoin’s Rise Shifts Market Attention to Altcoins XRP and SOL

A surge in Bitcoin prices above $110,000 has triggered a shift in market focus towards other altcoins like XRP and SOL. Bitget’s Chief Analyst, Ryan Lee, points out that the positive outlook for XRP stems from regulatory clarity and a technical breakout, potentially driving its price to between $3 and $8 within the mid-term. The XRP/BTC weekly chart has displayed a bullish ‘golden cross’ signal. Meanwhile, SOL could reach prices between $220 and $300, boosted by expectations for exchange-traded funds (ETFs). While macroeconomic uncertainties persist, QCP Capital believes this rally has a more solid foundation, with market sentiment not yet overheated.