Ethereum’s Surge Ignites Altcoins?
Ethereum’s latest rally above $4,700 — its highest since the all-time high in 2021 — has reinvigorated the altcoin market. ETH has now flipped BTC for year-to-date gains, and the excitement is spilling over into other majors.
In the past day alone, XRP, BNB, DOGE, and ADA all posted strong gains alongside SOL. While Bitcoin’s move was a modest 1.6%, altcoins clearly had the upper hand. This kind of broad rally often marks a shift in trader sentiment toward higher-risk assets.
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