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Bittensor, Zcash Lead Altcoin Rebound as BNB Rally Cools

Bittensor and Zcash are experiencing significant gains as traders shift their focus away from BNB, which has seen a decrease in momentum. Bitcoin's rebound from a low of $105,000 to a peak of $110,000 has reinvigorated the market and encouraged capital rotation into these high-beta altcoins. Bittensor has risen 12% recently, while Zcash increased by 10.2%, indicating a shift in speculative interest. Market analysts express cautious optimism regarding the altcoin performance but emphasize the need for cooling macroeconomic fears to sustain this momentum. Bitcoin’s market dominance remains around 60%, and while some major altcoins face declines, the selective strength observed in Bittensor and Zcash points towards shifting narratives in the market. Experts are watching for whether Bitcoin will maintain its support levels, which could dictate broader market trends moving forward.

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