HYPE leads altcoin rally as Bitcoin returns to $78,000
- —HYPE up more than 11% to ~$89 — the strongest gain among major coins
- —ZEC added 8% to $1,472, SOL 6% to $106, BNB and DOGE 4% each
- —Bitcoin trades at $78,000 after touching $75,972, its third day of gains
- —Market cap rose 2% to $2.66 trillion, with none of the top-40 coins declining
Why it matters: The rally after a Fed rate hike with no negative reaction points to returning risk appetite; Bitcoin's nearest resistance is around $82,000.
Source: CoinDesk