As traders expect the Federal Reserve to cut interest rates, altcoins are gaining momentum in a bullish market. Bitcoin is pushing towards new highs, while XRP and SOL are poised to outperform market leaders. Analysts believe the potential approval of ETFs for XRP and SOL could further fuel demand. Public treasuries and institutional inflows are adding support to the market. Meanwhile, HYPE has seen notable gains and is currently being closely monitored as trading resumes. In addition to this, upcoming governance votes and token unlocks will play a significant role in shaping market dynamics. The yield on the U.S. 10-year Treasury note is anticipated to drop below 4%, which is viewed as a positive sign for risk assets including cryptocurrencies. Ongoing whale activity in HYPE suggests strong ongoing interest. Traders are advised to keep an eye on institutional strategies and upcoming economic data as factors that may influence markets in the coming days.

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