# Wintermute: XRP Outperforms BTC as Altcoins Gain Momentum

Strong signals indicate the beginning of altcoin season in the crypto market.

- **Source:** [DailyCoin](https://brifing.si/source/3e9b0f85-cb2f-40ee-ba61-db9410cf0937)
- **Published:** 2026-09-02
- **Topic:** [Finance](https://brifing.si/c/finance)
- **Original article:** <https://dailycoin.com/wintermute-capital-rolls-into-xrp-as-alts-edge-btc-out/>
- **On Brifing:** https://brifing.si/s/67604ffc-4c52-4e5c-a02a-bb65ec08347a

## Shift in Market Dynamics

Wintermute's latest market analysis reveals altcoins gaining strength against Bitcoin. XRP leads among large-cap cryptocurrencies. The sector showed resilience despite hawkish remarks from Fed Chair Kevin Warsh. Crypto markets demonstrated stronger-than-expected performance amid tech sector contractions in the US.

## BTC's Surprising Resilience

Bitcoin managed to maintain breakout gains even during months of chip sell-offs, defying expectations of many seasoned analysts. This macroeconomic resilience extended to the broader altcoin market. According to Wintermute data, altcoins outperformed ETH's -0.86% return with a 0.61% gain.

## XRP's Stellar Performance

XRP surged to $1.70, marking significant growth. Wall Street giants like Goldman Sachs capitalized on this opportunity. XRP products saw $110 million inflows last week, while BTC ETFs attracted $925 million. In early September, XRP ETF inflows led at $14.38 million.

## Short-Term Trend Caution

Wintermute warns against drawing broad conclusions from one-week trends. Geopolitical tensions continue to impact prices. The September 15-16 FOMC meeting is expected to determine short-term market direction. Consistency of institutional interest will play a crucial role.

## Historical Parallels

XRP's dominance against BTC historically signals bullish trends. A similar pattern drove Ripple's native coin to its $3.65 all-time high in 2025, following favorable SEC ruling. Market participants are now discussing potential for a repeat scenario.

## Institutional Investment Dynamics

XRP and BTC have recorded positive ETF inflows for over ten consecutive days. This consistent institutional interest serves as a positive market indicator. Wall Street giants disclosing substantial XRP holdings made waves. SHIB rich list surpassing 1.6 million accounts marked another notable development.

## Market Indicator Analysis

Spot crypto ETF flows show XRP leading with $14.38 million inflows. ETH followed with $10.95 million and SOL with $10.19 million. BTC's $236.46 million outflow stands out. These figures clearly reflect shifting investor preferences.

## Projections and Market Expectations

Wintermute's analysis suggests the beginning of altcoin season. XRP-led momentum may herald a new phase in crypto markets. However, close monitoring of geopolitical risks and central bank policies remains crucial. The time appears ripe for strategic positioning by market participants.

## Sources covering this story

- https://dailycoin.com/wintermute-capital-rolls-into-xrp-as-alts-edge-btc-out/ — 

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_Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._
