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International Business Times
International Business Times
Business
Marvie Basilan

Bitcoin Hits New All-Time High, But Altcoins $SOL, $AVAX, $LINK Outperform $BTC

Bitcoin SOL altcoin Solana Crypto Donald Trump MAGA United States Cryptocurrency CoinGecko
Bitcoin has just hit a new all-time high, but some altcoins are outperforming the world's top digital currency. (Credit: Kostenlose Bilder mit KI/flickr)

KEY POINTS

  • Solana increased by 17% in the last 24 hours, compared to Bitcoin's 10% spike
  • AVAX and $LINK are also up, as well as memecoins $DOGE and $SHIB
  • Some analysts have said ahead of the US elections that an altcoin season is possible

The cryptocurrency community has gone wild after Bitcoin hit a new all-time high late Tuesday as the U.S. waits for the outcome of the heated 2024 elections. However, some altcoins performed better than BTC even as the world's top digital currency by market cap hit a new milestone.

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