Top 3 gainers Fartcoin, POL, DeepBook: Altcoins surge as Bitcoin nears $90,000

Investors in select altcoins like Fartcoin, POL and DeepBook welcome double-digit gains.
Bitcoin inches closer to $90,000, potentially waking up as digital Gold amid uncertainty in the macro environment.
Farcoin's price rallies above $1.00, completing a 66% cup and handle breakout target.
POL breaks out, signaling the potential for a massive rally, as DeepBook surges more than 40% on the day.
Fartcoin price extends gains above the $1.00 level at the time of writing on Tuesday after recovering from a dip triggered by profit-taking activity ahead of the weekend. POL, formerly known as MATIC, changed course, reversing the trend in favor of the bulls to trade at $0.2195 at the time of writing. On the other hand, DeepBook (DEEP) explodes in double-digit gains following the protocol's launch on the Sui Network.
Bitcoin price on the verge of hitting $90,000
The largest cryptocurrency by market capitalization, Bitcoin (BTC), popped up above $88,000 during the Asian session on Tuesday, tagging an intraday peak of $88,877. Spot Bitcoin Exchange Traded Funds (ETFs) recorded a total net inflow of $381 million on Monday, with none of the 12 licensed products posting net outflows, representing the return of institutional demand. This inflow surge underscores Bitcoin's role as a hedge during times of uncertainty in global markets, especially now with the US dollar (USD) sliding against major currencies.
US President Donald Trump's hostile gestures towards the Federal Reserve (Fed) shook the US dollar (USD), triggering a sharp drop on Monday as Trump criticized Fed Chair Jerome Powell for not cutting interest rates.
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