Bitcoin's recent rally above $8,000 has sparked renewed interest in the cryptocurrency market. As institutional investors continue to enter the space, we're seeing increased demand for stablecoins and other digital assets. Meanwhile, altcoins like Ethereum and Litecoin are gaining traction, with their market caps breaching new highs. The question on everyone's mind: what's driving this resurgence and where will it take us next?

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The recent rally is a testament to the growing institutional confidence in crypto. As stablecoins gain traction, it will be interesting to see if this increased demand leads to further diversification in the altcoin space.