Bitcoin (BTC) has surged past the $66,000 mark, signaling a potential revival for altcoins after a challenging two-quarter period.
The latest rally is a notable turnaround, particularly following a previous dip to $53,000. This dip saw altcoins facing significant losses, with some experiencing declines of more than 20%.
The resurgence of Bitcoin could bode well for the broader cryptocurrency market, potentially leading to gains for various altcoins.
