Altcoins, memecoins join crypto market rally as BTC reclaims $105k

The ongoing Bitcoin-led recovery is rippling through the broader crypto market, with improved investor sentiment driving gains across the altcoin and memecoin sectors. Bitcoin ( BTC ) has been on an upward trend over the past 24 hours, posting an approximate 4% gain that saw the crypto giant reclaim the $105,000 mark . As is typical in Bitcoin-led market cycles, altcoins have followed suit, capitalizing on the momentum. Ethereum ( ETH ), the second-largest crypto asset, outperformed Bitcoin with an 8% gain, roughly double BTC’s, now trading at $2,411 at press time. Among the standout performers, Sei ( SEI ) led the market with a massive 43% gain in the past 24 hours, emerging as one of the day’s largest gainers by a wide margin. Other tokens like SUI ( SUI ) and Chainlink ( LINK ) also stood out, posting gains of up to 15% and 10% respectively in the last 24 hours. You might also like: SUI posts double-digit gains as markets rebound, is $3 back in sight? Solana ( SOL ) and Avalanche ( AVAX ) followed suit, joining the rally with similar gains of 7.8% and 7.6% to sit at respective trading prices of $144 and $18 at press time. XRP ( XRP ) and Cardano ( ADA ) were not left behind, each posting slightly higher gains above 8% and trading at $2.18 and $0.583. Meanwhile, memecoins stole the spotlight with even bigger moves. Dogwifhat ( WIF ) jumped 25% as the strongest gainer among the coins, Popcat ( POPCAT ) climbed 15%, and Pepe ( PEPE ) rose 14%. Others including Floki ( FLOKI ) and Bonk ( BONK ) also notched double-digit gains of around 13%, placing them among the day’s top gainers. OG memecoins Dogecoin ( DOGE ) and Shiba Inu ( SHIB ) joined the rally as well, logging more modest but steady gains in the 8% to 10% range. Read more: The crypto bull run is here: top 3 altcoins to buy today

Source: crypto.news