- SEI and ARB hit all-time highs, showcasing strong market confidence as BTC maintains $45,300 support.
- HBAR and RUNE show resilience with notable highs despite market volatility, indicating robust investor interest.
- GMX surges over 7% from the intra-day low, signaling a bullish trend amidst rising market capitalization and trading volume.
With Bitcoin (BTC) bulls holding prices above $45,300, altcoins have also experienced a positive trend. Many altcoins, such as Sei (SEI), Arbitrum (ARB), Hedera (HBAR), THORChain (RUNE), and GMX (GMX), have seen gains in their prices as investor confidence in the cryptocurrency market grows. This surge in altcoin prices indicates a broader market rally, with investors diversifying their portfolios beyond Bitcoin to capitalize on potential returns from other promising cryptocurrencies.
Sei (SEI) Analysis
During the rally, Sei (SEI) managed to record an all-time high of $0.7947 before facing stiff resistance. Moreover, it managed to maintain its upward momentum and continued to trade at a relatively high price compared to its previous levels. However, as the bearish trend intensified, Sei (SEI) experienced a price cor…
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