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Altcoins linked to AI and HYPE surge as Bitcoin stalls in a narrow range around $76,100-$78,000.

Market News
22 May 2026
Cointribune
View Source
Neutral
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Bitcoin's price remains stuck in a tight range between $76,100 and $78,000, showing little volatility or clear direction. This stagnation has shifted trader interest toward more speculative altcoins, especially those connected to artificial intelligence like NEAR and FET, which saw significant gains. The HYPE token also surged about 60% due to short position liquidations and rising institutional demand linked to new US spot ETFs. While Bitcoin and Ethereum remain cautious and stable, this rotation highlights growing interest in altcoins, though market fragility and selective momentum suggest investors should remain cautious. A breakout by Bitcoin could change the overall crypto market dynamics.

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