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Crypto Altcoins outperform Bitcoin during widespread risk rally
Alternative digital currencies are outperforming Bitcoin amid a broad-based market rally as signs of more targeted U.S. tariffs reduces demand for haven assets. Solana, the blockchain favored by issuers of memecoins, saw its token jump as much as 11%, while Dogecoin climbed around 8% and Avalanche increased about 8%. Bitcoin rose as much as 4.3% to US$88,786, the highest price for the crypto bellwether in about two weeks. Altcoins can sometimes outperform the original token during risk-on stretches, though they can also be much more volatile on the way down — they tend to suffer greater losses during tougher times. ... (full story)