Altcoins Rise: Bitcoin Reached $106,500

Bitcoin is on the Rise Again

Bitcoin has reached a value of $106,500, creating a positive atmosphere in the markets. However, Bitcoin dominance has slipped to %59.1.

Striking Increases in Altcoins

During this period, altcoins such as XRP, XLM, and HBAR have gained double-digit profits. The increasing interest from investors has supported the rise of these assets.

Increase in Locked Values

The total value locked (TVL) among protocols has risen to $142.8 billion. The flows in platforms like Starknet Bridge and Suilend have shown a %20 increase.

Altcoin Season Gaining Momentum

CoinMarketCap’s “altcoin season” indicator has risen from a value of 23 to 34, indicating a broad strengthening beyond Bitcoin.