Bitcoin maintained its position above $80,000, fueling a rally in altcoins and crypto-related equities on Friday. Solana, Chainlink, SUI, and Polkadot each rose around 5%, while Near Protocol and Uniswap gained approximately 7%. Internet Computer Protocol led the surge with a nearly 12% increase. The broader market also saw gains, with the Nasdaq climbing 2.2% and the S&P 500 up 0.85%, both reaching record highs. Coinbase shares rebounded 10% from session lows despite reporting a $398 million quarterly loss. Analysts remain optimistic about long-term prospects tied to stablecoins and regulatory developments. SEC Chair Paul Atkins indicated potential new regulations for onchain trading and crypto custody, which investors viewed positively. This regulatory optimism also lifted shares of Bullish, BitGo, and Cantor Equity Partners II, which saw gains of 6%, 10%, and 4.3%, respectively.