Bitcoin Rally Near $90,000 Lifts Altcoins as MYX, Pepe, and Canton Surge

Bitcoin’s strong rally toward the $90,000 level played a decisive role in shaping crypto market activity this week, driving renewed confidence and increased trading across major digital assets. As Bitcoin gained approximately 2.99% over the past seven days and traded firmly above $90,000, market sentiment improved, reducing short-term uncertainty and encouraging traders to diversify into high-momentum altcoins.

Bitcoin’s dominance and relative price stability acted as a key reference point for investors. With liquidity improving and volatility remaining controlled, traders shifted focus toward tokens showing strong volume, momentum, and speculative interest. This environment supported notable weekly gains in MYX Finance, Pepe, and Canton, each benefiting from heightened participation during Bitcoin’s upward move.

MYX Finance emerged as the top-performing altcoin of the week, posting an impressive 82.66% gain. At the time of writing, MYX traded around $6.23, supported by more than $125 million in daily trading volume. This surge marked a sharp reversal from recent weakness and highlighted growing speculative demand as Bitcoin’s strength encouraged risk-on behavior across the market.

Pepe, one of the most actively traded meme coins, also recorded strong performance. The token climbed nearly 50% over the week, trading near $0.000006123. Daily trading volume exceeded $1.23 billion, reflecting intense short-term trading activity. The move followed a breakout from a consolidation phase, a pattern commonly observed during Bitcoin-led market rallies when higher-risk assets attract increased capital flows.

Canton (CC) joined the broader altcoin rally with a 40.29% weekly gain, trading around $0.1533. While Canton’s market size remains smaller compared to MYX and Pepe, its roughly $26 million daily trading volume signaled growing market participation and improving liquidity.

Meanwhile, Bitcoin’s price structure continued to guide short-term market expectations. Analysts highlighted key liquidity zones between $91,000 and $92,000 on the upside, and $88,500 to $89,000 on the downside. A notable CME futures gap near $88,200 also remains a level of interest, as Bitcoin has historically revisited such gaps during periods of elevated trading activity. Bitcoin’s interaction with these levels is expected to influence near-term crypto market direction.