BTC broke above $86,000 — highest since January 28. ETH is at $2,774, SOL at $118, XRP at $1.53.
But the real story today is Layer 1. The sector is up 2.7% collectively, and individual coins are running: NEAR +16%, AVAX +15%, SUI +10%. Over the past seven days, NEAR is up 78%.
What's driving it? Two things. First, the Fed hike is behind us. Once the rate decision landed, the uncertainty cleared and money came off the sidelines. Second, ETF flows are strong — spot BTC ETFs pulled in roughly $3.8 billion over three weeks.
Privacy coins are moving too. ZEC is up 91% over a month after Paradigm's Matt Huang publicly backed it. Monero added 13% in the same session. That's sector-wide rotation, not just one coin.
Fear & Greed Index is at 71 — Greed. But BTC dominance is still around 58-59%, which means this isn't pure speculation. Quality assets are leading.
$NEAR $AVAX $ZEC
#Binance #Altcoins #MarketPulse
But the real story today is Layer 1. The sector is up 2.7% collectively, and individual coins are running: NEAR +16%, AVAX +15%, SUI +10%. Over the past seven days, NEAR is up 78%.
What's driving it? Two things. First, the Fed hike is behind us. Once the rate decision landed, the uncertainty cleared and money came off the sidelines. Second, ETF flows are strong — spot BTC ETFs pulled in roughly $3.8 billion over three weeks.
Privacy coins are moving too. ZEC is up 91% over a month after Paradigm's Matt Huang publicly backed it. Monero added 13% in the same session. That's sector-wide rotation, not just one coin.
Fear & Greed Index is at 71 — Greed. But BTC dominance is still around 58-59%, which means this isn't pure speculation. Quality assets are leading.
$NEAR $AVAX $ZEC
#Binance #Altcoins #MarketPulse
