Altcoins experienced a rally in the past 24 hours, with several top performers including XRP, Litecoin, Uniswap, Algorand, and Virtuals Protocol. This surge in altcoin prices may be attributed to a drop in the 10-year treasury yield, indicating investor interest in riskier assets. The altcoin market cap (excluding Bitcoin and Ether) rose 6.45% to $1.03 trillion, with increased trading volume. Technical indicators suggest a bullish trend in the short term, although decreasing intensity in the MACD histogram may serve as a warning sign.



Other News from Today