Alternative currencies, Exchange-Traded Funds (ETFs), and meme coins: Divergent dynamics following Bitcoin

While Bitcoin's rise has naturally attracted attention, this increase was not isolated. Other assets have also seen upward movement, albeit with different dynamics.

Ethereum surpassed the $2,640 mark, recording a 4.5% increase, while Solana rose by more than 3%, approximately $160. Meme coins, which are usually more sensitive to market movements, also benefited from this momentum.

Dogecoin rose by 4.5%, followed by Shiba Inu at 2.5%. These performances come in the context of a technical rebound, but they do not all rely on the same fundamentals that underpin Bitcoin.

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