XRP News: Altcoins Lead Crypto Market Surge as XRP Soars 12%, Ether and Dogecoin Rally

Key Takeaways:XRP jumps 12% to $3.36, leading a 3% rise in total crypto market cap to $3.76 trillion.Ether gains 7.3% to $3,935; Dogecoin climbs 8.8% to $0.224.Bitcoin lags with 1.9% gain amid declining ETF inflows and narrow range consolidation.FxPro analyst warns BTC is stuck between $112K and $120K resistance.Global markets rally on easing US–Japan trade tensions; oil slides over 4% for the week.Altcoins took the lead in Friday’s global market rally, with XRP soaring 12%, Ether climbing 7.3%, and Dogecoin jumping nearly 9%, even as Bitcoin (BTC) showed only modest gains amid signs of cooling investor demand and increased hedging activity.The total crypto market cap rose 3% over the past 24 hours to $3.76 trillion, driven largely by strong performance across major altcoins. According to CoinGecko data:XRP rallied 12% to trade at $3.36Ether (ETH) gained 7.3%, reaching $3,935Dogecoin (DOGE) surged 8.8% to $0.224Solana (SOL) advanced 4.7% to $175.19Meanwhile, Bitcoin added just 1.9%, trading around $116,781, with $38.8 billion in daily volume — a clear sign that capital rotation into altcoins is picking up momentum.Bitcoin Stalls in Range as Market Turns Risk-OnFxPro chief market analyst Alex Kuptsikevich noted the divergence between altcoin and Bitcoin performance. He said the crypto rebound mirrors growing global risk appetite, with equities and gold futures rising in tandem. However, he warned that BTC remains “trapped in a narrow range”, defined by:Support at $112,000 — near the 50-day moving averageResistance at $120,000 — coinciding with July highs and key psychological levels“While altcoins are breaking out, Bitcoin is still boxed in,” Kuptsikevich said. “Momentum is lacking, and institutional flows are cooling.”Global Markets Rally While Oil SlumpsThe MSCI Asia Pacific Index gained 0.5%, marking a fifth straight day of gains, as Japan’s Nikkei-225 surged 2.3% following eased U.S.–Japan trade tensions. Japan’s chief negotiator Hiroshi Suzuki confirmed the U.S. had agreed to cut car levies and end universal stacking tariffs, boosting regional equities and global risk appetite.In contrast, oil prices tumbled more than 4% for the week, pressured by rising U.S. inventories and weaker Chinese import data, according to Bloomberg.Bitcoin ETF Inflows Drop, Onchain Activity SlowsDespite the broader risk-on rally, Glassnode data suggests Bitcoin sentiment is cooling:Spot Bitcoin ETF inflows have dropped nearly 25%Network activity is downTransaction fees have declinedOptions market positioning further indicates increased downside hedging, with traders buying protection for BTC below $100,000 heading into late August — a sign that some expect a continued summer lull.While XRP, Ether, and Dogecoin drive altcoin-led gains in a rising global market, Bitcoin remains rangebound amid cooling ETF demand and cautious institutional positioning. With sentiment shifting and volatility still compressed, the coming weeks may decide whether altcoins continue to lead — or if Bitcoin reclaims dominance.