Altcoins Outpace Bitcoin as Stock Market Rally Fuels Crypto Frenzy
Wall Street's bull run is sending shockwaves through crypto—and altcoins are stealing Bitcoin's spotlight.
While BTC grinds higher in its usual steady fashion, smaller digital assets are posting double-digit weekly gains. The correlation? A red-hot equities market has traders piling into riskier bets.
Ethereum leads the charge with DeFi tokens and layer-2 solutions hot on its heels. Meme coins—those beloved by degenerate gamblers and hedge fund managers alike—are predictably riding the wave too.
Analysts whisper about 'altseason,' though anyone who's survived a crypto winter knows these rallies can vanish faster than a VC's morals during a bear market.