ALTCOINAXSLUNA

Bitcoin bullish prompts several altcoins hit new all-time highs

The bullish move from BTC rippled across the markets and helped lift altcoin prices, with multiple coins in the top-200 realizing double-digit gains.

AXS, LUNA and a handful of altcoins rallied to new highs shortly after Bitcoin price rallied to $49,200

Terra (LUNA) saw its price breakout ahead of the rest of the market and climbed 23.34% from its low of $37.52 on Oct. 2 to reach a new all-time high at $46.09 in the early morning hours on Oct. 3. Secret Network (SCRT) also rallied to gain 20.3% and hit a daily high at $3.07.

Other notable increases include a 13% gain for Shiba Inu (SHIB) and a12.4% surge in Tezos (XTX) and Axie Infinity (AXS) price.

The overall cryptocurrency market cap now stands at $2.161 trillion and Bitcoin’s dominance rate is 41.4%.

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