Altcoins outpace bitcoin as precious metals' historic rally keeps macro focus sharp
Altcoins posted broader gains in quiet Sunday trading as bitcoin held a tight range near $88K and analysts weighed crypto against the surge in precious metals.
AI Summary
In recent trading, altcoins such as XRP, Dogecoin, and Solana have shown better performance than Bitcoin and Ether. Despite Bitcoin maintaining its position around $88,000, these altcoins saw increases ranging from 1.1% for XRP to 1.3% for both Solana and Dogecoin. This comes amid a significant rise in precious metal prices which continues to influence the overall macroeconomic environment. The total cryptocurrency market cap has risen slightly by 0.8% reaching $3.06 trillion.