Altcoins Rally: SOL, AVAX, and KAS Showcase Strong Performances

Altcoins Rally: SOL, AVAX, and KAS Showcase Strong Performances

Solana hit a six-month high with an 18% surge in 24 hours.
The global market cap is down 1.01%, and Bitcoin’s dominance is at 51%.
In a tale of contrasting halves, the crypto market underwent a rollercoaster ride for the first three quarters of 2023, with a downturn that seemed unrelenting. However, the last quarter heralded a wave of optimism, as the market saw a resurgence in bullish sentiment. Notably, top coins like Bitcoin and Ethereum finally breached long-awaited resistance levels, surpassing $35K and $2K, respectively. Following suit, altcoins also stepped up, challenging the prolonged bearish trend.
The current market signals a slight bearish trend, recent dynamics showed a 1.01% decrease in the global market cap over the last day. Bitcoin’s dominance, at 50.77%, saw a 0.34% decrease in the same period. 
Despite this, the total crypto market volume in the last 24 hours surged to $66.14B, marking a notable 7.26% increase. DeFi contributed significantly, accounting for $7.4

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