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Crypto Markets Today: Altcoins Lead Gains as Trump’s Dividend Plan Sparks Retail Rally

The crypto market experienced a significant rebound, with Bitcoin stabilizing above $100,000 and altcoins outperforming. Bitcoin was trading around $106,000 following a spike to $106,500, while Ethereum rose 6.5%. The increase in altcoin value is attributed to renewed retail enthusiasm surrounding President Trump’s proposed $2,000 tariff dividend, which has led to a decline in Bitcoin dominance to 59.1%. Notable gains were observed in tokens like XRP, XLM, and HBAR, each registering over 10% increases. The total value locked (TVL) in decentralized finance protocols increased to $142.8 billion, driven by the confidence of investors as they deposited assets for yield generation. Despite positive trends, mixed futures market activity, particularly for options on Bitcoin and Ethereum, indicates caution among traders regarding the sustainability of these gains. The rise in altcoins has led to an increase in CoinMarketCap’s altcoin season indicator from 23 to 34, suggesting a robust movement outside of Bitcoin, reminiscent of trends seen during the COVID-19 era.

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CoinDesk 20 Performance Update: Uniswap (UNI) Surges 16.6% as Nearly All Assets Rise

The CoinDesk 20 index has shown strong performance, with Uniswap (UNI) surging by 16.6% and Hedera (HBAR) increasing by 9.9% over the weekend. Out of the 20 assets in the index, 19 are trading higher, reflecting a broad market rally. Notable laggards include Internet Computer (ICP), which fell

CoinDesk 20 Performance Update: Uniswap (UNI) Surges 16.6% as Nearly All Assets Rise

The latest CoinDesk 20 performance update highlights significant rises in the cryptocurrency market, with Uniswap (UNI) leading the pack by surging 16.6%. Nearly all major assets experienced gains, with a few exceptions. Hedera (HBAR) performed strongly as well, increasing by 9.9%. At the time of reporting, the CoinDesk

CoinDesk 20 Performance Update: Uniswap (UNI) Surges 16.6%

In a significant market update, Uniswap (UNI) has experienced a remarkable surge of 16.6%, contributing to an overall positive trend where nearly all assets have risen. The CoinDesk 20 Index shows a 4.7% increase, now trading at 3513.1, following the weekend trading period. Alongside Uniswap, Hedera (HBAR)

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