Bitcoin has resumed its bull run, nearing $45,000 for the first time since May 2022 but failing to overcome that level. Despite this, numerous altcoins have outperformed BTC, with ADA, DOT, and AVAX standing out as the most prominent examples.

BTC's market capitalization has soared past $860 billion, but its dominance over the alts has taken another hit and is down to 52.4%. Most alternative coins have caught up in the last 48 hours, with ETH close to $2,400, BNB above $240, and XRP near $0.7. Polkadot and Avalanche have exploded by 21-22%, while Cardano leads the pack with a massive 32% surge, trading well above $0.6.

With most other alts well in the green, the total crypto market cap has soared by over $40 billion and stands above $1.650 trillion. This optimistic market trend showcases the growing interest and investment in DeFi and BRC 20 tokens.