The cryptocurrency market has experienced a powerful surge as itcoin">Bitcoin’s climb above $105,000 catalyzed a broad-based rally across digital assets. itcoin">Bitcoin’s impressive 4% gain in 24 hours has restored confidence among investors, creating a ripple effect that has lifted the entire cryptocurrency ecosystem. This momentum demonstrates the continued influence of itcoin">Bitcoin’s price action on market sentiment and the interconnected nature of crypto trading patterns.
Altcoins have capitalized on itcoin">Bitcoin’s strength, with many major tokens delivering exceptional returns that significantly outpaced the flagship cryptocurrency. Ethereum led the charge among large-cap altcoins with an impressive 8% gain, reaching $2,411 and demonstrating renewed institutional interest. Sei emerged as the standout performer with a remarkable 43% surge, while other prominent projects like SUI and Chainlink posted solid gains of 15% and 10% respectively, showcasing the diversity of opportunities across different blockchain ecosystems.
The rally extended to established altcoins across various sectors, with Solana and Avalanche both climbing nearly 8% to trade at $144 and $18 respectively. XRP and Cardano joined the upward movement with gains exceeding 8%, trading at $2.18 and $0.583, indicating broad-based recovery momentum rather than isolated sector rotation. This widespread participation suggests renewed optimism about the fundamental value propositions of different blockchain platforms.
Memecoins captured significant attention by delivering some of the most spectacular gains of the trading session. Dogwifhat dominated with a 25% spike, while Popcat and Pepe achieved impressive 15% and 14% rallies respectively. Even established meme tokens like FLOKI and Bonk secured double-digit gains around 13%, with original memecoins Dogecoin and Shiba Inu posting steady 8-10% increases. This memecoin resurgence highlights the speculative appetite returning to the market as risk-on sentiment strengthens across the crypto landscape.