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DOGE, SUI, SOL and XRP outperform Bitcoin as BTC hits 8-month high

Bitcoin rose to its highest level since January, while DOGE, SUI, SOL and XRP outpaced BTC over the past 24 hours amid short covering, ETF demand and renewed risk appetite.

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Bitcoin (BTC) rose to its highest level since January on Tuesday, but crypto traders saw the larger move further out on the risk curve. Dogecoin, Sui, XRP, Cardano and Solana all outperformed Bitcoin over the past 24 hours as short covering, ETF demand and renewed risk appetite lifted the group.