Bitcoin climbed over 2% in the past 24 hours, briefly surpassing $74,300, marking its highest level since early February. Ethereum also saw a significant increase of approximately 7%, while major tokens like XRP and Solana rose by over 4%. The meme coin sector outperformed, with PEPE jumping 19%, and BONK and PENGU gaining over 10%. SHIB's gains exceeded those of Ethereum. Analysts attribute this market movement to a "barbell strategy" in capital allocation, where funds are distributed between mainstream assets like Bitcoin, benefiting from rising institutional adoption, and high-risk speculative assets such as meme coins. This strategy has gained traction since 2023–2024.