Crypto markets are showing a notable shift, with major altcoins recording solid gains. Bitcoin’s share of the overall market has weakened and is now nearing 59%. Capital rotation toward higher-beta assets has followed, renewing discussion around a potential altcoin-led phase.

Bitcoin trades near $89,644 but lags major altcoins as dominance weakens and overall market momentum shifts toward higher-risk assets. XRP climbed 6% over the past 24 hours and is nearing the $2 mark. Dogecoin rose 10.51% to $0.139, leading meme coins in performance.

Ethereum added 4.36% to trade around $3,114 following months of limited movement. Public firms increased ETH buying in Q3, briefly lifting the ETH/BTC ratio and adding pressure to Bitcoin’s market share.

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