ET 07:54

Altcoins Surge: ASTER, HYPERLIQUID, HEDERA Top Gainers Amid Market Bounce

Altcoins rally as the broader crypto market cap turns green, up 1.4% to $2.39T in 24 hours. Aster (ASTER) leads the top 50 with a 9.9% gain, followed by Hyperliquid (HYPE) +8.9% and World Liberty Financial (WLF) +7.6%, per CoinGecko. The rebound partially offsets a prior pullback sparked by stronger labor data, which reduced the odds of a Fed rate cut. The January nonfarm payroll added 130,000 jobs, keeping rate-cut timing in doubt. A key inflation report is scheduled for February 15, with Myriad odds of a 25bps cut before July at 33%. While on-chain activity and capital flows suggest strengthening buying, Sun of HashKey said the market remains in a fragile phase. Bitcoin sentiment remains cautious, with a 57% chance of a $55,000 move versus $84,000. Hyperliquid faces a 65%+ chance of HYPE reaching $26 rather than $41 in the next leg of the move, per Myriad.

EditorJack Lee