Alternative cryptocurrencies have outperformed Bitcoin amidst a broad wave of rising markets, as indications of more precise US tariffs have contributed to reduced demand for safe-haven assets.
The Solana coin, favored by meme coin issuers, increased by up to 11%, while Dogecoin recorded a rise of about 8%, and Avalanche rose by approximately 8%.
As for Bitcoin, it climbed by 4.3% to reach $88,786, its highest level in nearly two weeks. Typically, alternative cryptocurrencies achieve larger gains than Bitcoin during periods of increased risk appetite, but they are conversely more susceptible to sharp fluctuations and losses during downturns.
