Bitcoin's price surge is sparking interest in altcoins, with many showing significant gains. Ethereum's price is now at its highest level since 2018, while Binance Coin and Cardano have made significant breaks above their long-term resistance levels. Could this be the start of a new bull run for altcoins?

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This altcoin rally could be driven by the increasing adoption of Ethereum and its scalability solutions, as well as the growing demand for decentralized finance (DeFi) applications.