Bitcoin (BTC) is trading sideways near $87,000 as a massive plunge in gold and silver prices shakes traditional markets. While the “Big Two” remain quiet, altcoins like XRP, Solana, and Dogecoin are currently outpacing the market leaders. Bitcoin’s current consolidation is typical for weekends, when liquidity is low and price movements are muted. If Bitcoin breaks above $90,000, it could quickly clear a path toward $105,000.
However, repeated failure to break higher may lead to a retest of the $83,000 support level. The total crypto market cap holds steady at $3.06 trillion. XRP, Dogecoin, and Solana have outperformed Bitcoin in the past 24 hours. XRP rose 1.1%, Solana 1.3%, and Dogecoin 1.3%.
XRP is maintaining steady market resilience as the year draws to a close, trading at $1.85. Dogecoin continues to lead the memecoin sector with a valuation of $0.123, even as it faces a slight pullback from recent local highs. Solana remains the standout leader among high-throughput blockchains, currently priced at $123.38 amid typical end-of-year profit-taking. Despite a 1.43% decline today and trading below its 50-day average of $134, the network continues to see robust institutional interest and growth in DeFi total value locked.
Solana’s forecast to $195 to $200 by late 2026 if the platform can clear key resistance at $144. XRP’s ETF inflows have surpassed $1.25 billion over the last two months, helping XRP outperform Bitcoin during specific year-end trading windows. The true market mean sits at $81,100, while the realized price of $56,200 reflects the network’s long-term cost basis. Glassnode data shows that many recent Bitcoin buyers are currently underwater.
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