Altcoins, memecoins join crypto market rally as BTC reclaims $105k
The ongoing Bitcoin-led recovery is rippling through the broader crypto market, with improved investor sentiment driving gains across the altcoin and memecoin sectors.
Bitcoin (BTC) has been on an upward trend over the past 24 hours, posting an approximate 4% gain that saw the crypto giant reclaim the $105,000 mark.
As is typical in Bitcoin-led market cycles, altcoins have followed suit, capitalizing on the momentum. Ethereum (ETH), the second-largest crypto asset, outperformed Bitcoin with an 8% gain, roughly double BTC’s, now trading at $2,411 at press time.
Among the standout performers, Sei (SEI) led the market with a massive 43% gain in the past 24 hours, emerging as one of the day’s largest gainers by a…
