In brief
- Crypto markets have posted broad gains following the Federal Reserve’s quarter-point rate cut.
- Hyperliquid’s USDH stablecoin has been “attracting liquidity across the board from many institutions,” according to an analyst.
- The momentum now hinges on project-specific catalysts, with altcoins more exposed to volatility than Bitcoin, experts told Decrypt.
Avalanche (AVAX) and Hyperliquid (HYPE) led the altcoin rally on Thursday as digital assets responded positively to the Federal Reserve’s latest rate cut and project-specific developments.
AVAX rocketed 10.1% to $32.59, while HYPE jumped 7.2% to $58.43 in the past 24 hours, according to CoinGecko data.
Other major altcoins followed suit, with Dogecoin (DOGE) advancing 5.4%…
Sep 18 2025
