Dollar Fell While Altcoins Rose: Crypto Markets

Movements in the Cryptocurrency Market

Bitcoin continues to maintain a band close to $89,200. During the same period, Ethereum surpassed the $3,000 threshold, attracting the interest of investors. This rise is supported by a sharp decline in the United States Dollar Index (DXY).

Altcoins have performed better than expected in the market. For example, the HYPE token of the Hyperliquid platform recorded a %25 increase, while the Solana staking token JTO experienced a %31 rise in the last three days.

Speculative tokens stood out in overall gains. In particular, the Solana-based memecoin PIPPIN drew attention with a %64 increase in value. Additionally, CoinDesk's altcoin-weighted CD80 index surpassed the CD20 index, capturing the attention of investors.