The Dollar Index hit a four-year low, while altcoins surged led by HYPE, JTO and Solana memecoin PIPPIN.
Altcoins jump as dollar slides, bitcoin holds steady: Crypto Markets Today
The Dollar Index hit a four-year low, while altcoins surged led by HYPE, JTO and Solana memecoin PIPPIN.
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Layer 2 blockchains were meant to improve scalability on the Ethereum network, but Coinbase's Base has reduced ether's market cap by $50 billion, the report said.
BTC's perpetual open interest and funding rates are rising again, QCP Capital noted.
Bitcoin's spot price recently reached record highs above $110,000.
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