BTC rallies again, continuing its upward push after the release of PPI data. The Bitcoin Dominance Index (BTC.D) also rose slightly. However, most altcoins performed relatively weakly, with XMR being the only standout — breaking through the $800 mark, with a market cap approaching $15 billion, nearly flipping Cardano in rank.

Such strong performance by a single coin often triggers a chain reaction. Historically, when an altcoin performs exceptionally well, other coins tend to enter consolidation phases until the leading performer peaks before rotation occurs. The current pattern is very clear: BTC dominates the market, XMR draws attention, and the rest of the ecosystem coins wait for rotation opportunities.