Avalanche and hyperliquid lead crypto rally post-fed rate reduction

Avalanche (Avax) and Hyperliquid (Hype) led the Altcoin rally on Thursday, because digital assets responded positively to the last rate reduction of the Federal Reserve and project-specific developments.

Branch shot 10% to $ 32.59, while Hype According to Coingecko data, 7.2% to $ 58.43 increased in the last 24 hours.

Other large altcoins followed the example, with Dogecoin (Doge) 5.4% on its way to $ 0.27, Solana (SOL) With 4.5% to $ 244 and Cardano (ADA) rises by 4.3% to $ 0.90. (ADA) rising 4.3% to $ 0.90.

Bitcoin (BTC) maintained its position above $ 117,000 with a modest profit of 0.3%, while Ethereum (ETH) recorded an increase of 2.1% at $ 4,588.

The rally follows the generally expected quarter speed of the Fed, who, who reduced the federal fund rate Up to a range between 4.25% to 4.50%.

Bitcoin and other large digital assets largely Flat In the immediate aftermath, as investors had already priced in the long -awaited Fed Call.

“While the FED rate has reduced a broader risk sentiment, the outperformance of Avalanche’s announcement of a digital assets -treasure plan of $ 1 billion,” said Min Jung, Senior Analyst at quantitative trading company Presto, said told Decrypt.

The Avalanche Foundation is in advanced conversations to pick up $ 1 billion via a Nasdaq-listed company supported by Hivemind and a Spac sponsored by Dragonfly, with the proceeds reserved for a discount on Avax-Terugoop, according to the Financial times.

BitWise also submitted paperwork on Monday for one Avax ETFThe use of Coinbase to be the digital assets, which contributes to the institutional adoption perspectives of the token.

Jung noted that the rally “could sustain in the short term, because the largest macro-risk event-the FOMC-NU was erased”, although “largely digested” with the cut “, movements will depend on” newspaper headlines and project-specific catalytic cars “.

Ganesh Mahidhar, investment professional at further ventures, said Decrypt That in the case of hyperliquid, the stablecoin “USDH pulls liquidity across the board from many settings”, where Perphandel is built so that “guardianship is not at the exchange, but the UX is just as smooth as a centralized exchange,” he said.

“In terms of Macro, the tariff news has certainly had an impact,” he added, although it can be “of short duration” because the cutbacks had been priced in the markets for many months “.

Nic Puckrin, founder of the Coin Bureau, said Decrypt That “it is the signal, not the size that counts”, notes that the 25BP section shows that the FED finally approaches after months of inflation and weak labor data.

“Hope is high and there is a great chance of a pullback ‘Sell the News’,” he added, with meme coins that are the most vulnerable to “pump quickly and quickly collapse” volatility.