Bitcoin briefly surged to nearly $70,000 before settling around $68,300, as reported on February 26. Altcoins are showing stronger performance, with Ethereum (ETH) rising 8.5%, Solana (SOL) up 6.9%, and Cardano (ADA) increasing by 10.8%. This trend suggests a renewed risk appetite among traders, who are shifting towards higher-risk, high-beta tokens. Daniel Reis-Faria, CEO of ZeroStack, noted that the wave of forced liquidations is easing, allowing altcoins to outperform Bitcoin. However, the overall macro environment remains fragile, with market maker Wintermute highlighting that cryptocurrencies are under pressure alongside tech stocks, as capital moves towards defensive and physical assets.