Entering 2025, the crypto market sees a resurgence with altcoins like Solana, Ethereum, and Dogecoin outperforming Bitcoin. Solana surged by an impressive 8.2%. Investors are diversifying portfolios, optimistic about the market and potential higher returns from altcoins. This optimism is aligned with historical performance in early quarters.
Director of Research at Cumberland Labs, Chris Newhouse, noted the capital shift towards thematic sectors, boosting altcoin momentum. Crypto-dependent stocks, including Coinbase, also see gains, with the interest extending beyond cryptocurrencies.
Despite prices being below December highs, the ‘buy the dip’ strategy is fueling current activity. There’s hope for a favorable regulatory environment under Trump’s presidency, benefiting altcoins previously scrutinized by US authorities. ETH, however, remains below its all-time high.
Source: www.newsbtc.com ↗