The crypto market hints at a bullish path, as
#Bitcoin ,
#Ethereum , and many top coins are trading in green numbers. Along with these top cryptos, altcoins like
#VirtualsProtocol ,
#Floki , and
#Hyperliquid are gaining momentum. The altcoins growth is mainly due to President Donald Trump’s administration statement on reducing tariffs on Chinese goods. Let’s explore each coin price in detail.
Bitcoin’s Rally Sparks Massive Altcoins Surge
Bitcoin, the top crypto in the industry, once again proved itself. After climbing from $90,000 to above $95,600, it set a bullish tone across the market, and it is currently trading at $94k. The record inflow of $3.06 billion into spot Bitcoin ETFs shows renewed institutional interest. This surge is liquidating many short positions and increasing Open Interest to $63.3 billion. As a result, altcoins are surging, with traders now looking beyond Bitcoin for higher returns. If Bitcoin continues its push toward $100,000, more altcoins could see significant rallies in the coming days.
Virtuals Protocol Price Soars on Strong Momentum
Among many altcoins, Virtuals Protocol (
$VIRTUAL ) stands out with its 28% in 24 hours. VIRTUAL is trading at $1.42, reflecting a 150% growth from last week. Technically, the token is in a powerful uptrend, trading above key moving averages like the 50, 100, and 200-day EMAs. Even though the Relative Strength Index (RSI) signals overbought conditions, demand remains steady. Breaking through the $1.5000 resistance could clear the path for Virtuals Protocol price to target the $2.0000 and $2.5000 milestones.
Chart 1- VURTUAL/USDT Live Price, published on TradingView, April 28, 2025.
Floki Live Price Shows Potential for Breakout
$FLOKI is another notable coin in the altcoins growth rally. It rose 48.33% in the last 7 days, attracting the interest of investors and maintaining the 100-day EMA level of $0.000086. Floki latest price stands at $0.00008536, reflecting a 9% rise within the last 24 hours. If Floki live price closes above the pivotal $0.0001 level, this will pave the way for an even bigger rally to $0.0001075 and more. Nevertheless, overbought RSI readings hint at the possibility of an impending short-term correction.
Chart 1- FLOKI/USDT Live Price, published on TradingView, April 29, 2025.
Hyperliquid Price Eyes Key Resistance Levels
Hyperliquid (
$HYPER ) is showing strong signs of strength even after a minor dip. The HYPE is currently trading at $18.37, holding above crucial moving averages like the 100-day EMA. After breaking past a descending trendline resistance, the token suggests a potential longer-term trend reversal. Although it faced some rejection below $20.00, support from the 50-day EMA at $16.62 is keeping bullish hopes alive. With the RSI standing neutral at 60.25, the Hyperliquid price still has enough room to move higher. A breakout above $20.00 could attract more buyers and push the price toward the $24.00 zone.
Chart 1- HYPE/USDT Live Price, published on TradingView, April 29, 2025.
Altcoins Growth Strengthens as Market Sentiment Improves
The broader altcoins trend is gaining more credibility as Bitcoin stabilises above critical levels. VIRTUAL, FLOKI, and HYPE are just a few examples of tokens leading this mini altseason. The market-wide optimism, fueled by easing US-China tensions, is attracting fresh capital into digital assets. Traders are now actively seeking opportunities in promising projects rather than focusing solely on Bitcoin. If the bullish sentiment continues, we can expect altcoins to expand further, with more tokens making headlines for their extraordinary gains.
What’s Next for Altcoins?
With Bitcoin eyeing the $100,000 mark, the entire crypto market is likely to benefit. Altcoins growth appears sustainable as long as macroeconomic conditions remain favorable. For Virtuals Protocol price, a break above $1.5000 could open doors to higher gains. Meanwhile, watching Floki live price closely will be key to catching potential breakouts. Similarly, keeping an eye on Hyperliquid price around the $20.00 level will be important for traders. As always, it’s essential to manage risk carefully, especially as some tokens show signs of being overbought in the short term.