
Bitcoin and Ethereum Gain 6% as Altcoins Lead the Rally
- —BTC near $86,000 and ETH near $2,760, each up about 6%
- —24-hour liquidations hit $746.6 million, with $647.9 million in shorts
- —US spot Bitcoin ETFs drew about $593 million across Thursday and Friday
- —PEPE rose 27%, SEI and SUI 22% each, FET 18%
Why it matters: The short squeeze and ETF inflows amplified gains, but the next pullback will show whether spot demand can sustain the move.
Source: Coindoo