Altcoins are more likely to gain during bull markets than when their price consolidates. They also run along with BTC’s price during breakouts. Multiple altcoins have gone parabolic in the exact same period that Ether and BTC hit $64,000.ETHThe ) reached a record-breaking $4,500 mark.

Messari data shows that 31 tokens set new records in the last 24 hours and the cryptocurrency market total grew from $2.619 trillion up to $2.732 trillion over the overnight.