Nine altcoins closer to ATH than BTC, hinting at thematic rotation

Nine altcoins are currently closer to their all-time highs (ATH) than Bitcoin, CryptoSlate reported. These altcoins include STABLE, SIREN, M, HYPE, Tron (TRX), Canton Network (CC), KITE, SKY, and Leo (LEO). According to CryptoSlate, the cryptocurrencies nearing their peaks faster than Bitcoin are often linked to specific themes such as the Solana ecosystem, artificial intelligence, and real-world assets (RWA). While not on the primary list, other tokens like Solana (SOL), BNB, Bittensor (TAO), and Chainlink (LINK) have also recently posted gains surpassing Bitcoin's. This phenomenon suggests that market liquidity is rotating from BTC into altcoins with specific investment themes, the outlet explained.