Bitcoin Breaks $90,000 Barrier: Is This the Start of an Altcoin Surge?

Bitcoin (BTC) has reached a new record high above $90,000, igniting a surge in other altcoins including Ethereum (ETH), XRP (XRP), Solana (SOL), and Dogecoin (DOGE). However, analysts warn that this upward trend may not yet indicate a full-fledged altcoin season. The market experienced a sharp sell-off over the weekend but recovered quickly, with Bitcoin settling into the $89,000-$92,000 range. This recovery was fueled by investor expectations of a Fed interest rate cut in December, which drove both stock and crypto investment.