This week, altcoins led by Hyperliquid, River and Pump.fun rallied as Bitcoin consolidated between $95,000 and $81,000, drawing speculative capital into higher-beta tokens. Hyperliquid jumped about 65% over seven days, while Pump.fun, Canton and River rose roughly 33.6%, 23.3% and 21.8% respectively.
Bitcoin sits near $89,373, up 1.9% on the day, and altcoin dominance climbed from roughly 6.7% to 7.06% (Ed. note: this indicates rising market share for smaller tokens).
Users on prediction market Myriad flipped bullish on Pump.fun, placing a 56% chance on the token moving to $0.005 rather than $0.001, according to this Myriad market.
A separate Myriad market that resolved when Hyperliquid hit $30 also showed a late flip to bullish sentiment, per that market.
Myriad users assign a 54% chance that Hyperliquid airdrops before Pump.fun, according to a Myriad poll.
The U.S. Dollar Index fell from nearly 110 in January 2025 to about 95.70 this week, reinforcing expectations of looser financial conditions. President Donald Trump commented, “The value of the dollar is great,” a remark shared on Twitter.
Bitget Wallet market analyst Lacie Zhang said “The U.S. dollar’s relative oversupply compared to other assets is manifesting in depreciation and sector rotations.” “Following Q4 2025’s corrections, the altcoin market is in a bottoming phase in Q1 2026,” she added.
SynFutures CEO Rachel Lin said “Traders are looking for quick wins in projects that have solid fundamentals.” Analysts note only tokens that secure adoption and narrative momentum will likely sustain gains.
Links: pump market, Hyperliquid market, airdrop poll, and the tweet are available respectively at this Myriad market, that Myriad market, the Myriad poll, and the shared tweet.
