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Following weeks of sharp volatility in the crypto market, altcoins are showing tangible signs of recovery led by XRP. According to reports, XRP continued its price recovery with fresh gains while Bitcoin (BTC) stalled at the $64,000 level without a clear breakout. Additionally, WLD and ZEC led the gains over the past 24 hours, while ADA also attempted a recovery following its recent price crash.
This movement comes as the market experiences a rotation of capital toward mid-cap assets, with Worldcoin (WLD) rising over 8% during this week's trading per market data. Compared to historical performance, BTC remains stuck in a tight horizontal range; analysts suggest that failing to clear $64,000 could increase altcoin dominance, which currently hovers near 55% according to TradingView data.
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Sign InTraders should watch XRP support levels near $0.48 to ensure the continuation of upward momentum, especially ahead of US inflation data next week. Based on the economic calendar, upcoming Fed speeches scheduled for June 12, 2026, could impact risk appetite in digital assets, determining whether BTC breaks the $64,000 resistance or returns to test the $60,000 support level.