Bitcoin’s Sunday rally brought plenty of cheer to crypto enthusiasts, but two major altcoins stole the spotlight with even sharper gains.

At 2:20 p.m. UTC on Sunday, Bitcoin reached a fresh all-time high of $119,308, reflecting a 1.4% increase over the previous 24 hours, according to CoinDesk price data. As of 4:11 p.m. UTC, BTC was trading slightly lower at $118,882, still up 1.38% on the day.

The new peak in Bitcoin’s price comes shortly after President Donald Trump announced late Friday on Truth Social that the U.S. will impose 30% tariffs on imports from the European Union and Mexico.

Despite the geopolitical tension, some analysts remain highly bullish on Bitcoin’s outlook. Speaking with CNBC, Fundstrat Capital CIO Thomas Lee predicted the ongoing supply-demand imbalance could propel BTC’s price to anywhere between $150,000 and $250,000 before the year ends.

While Bitcoin’s gains were notable, altcoins XLM and HBAR delivered even more impressive performances.

Stellar’s XLM rose as high as $0.4815 at 3:20 p.m. UTC but was last seen trading at $0.4578, representing a 22% jump over the past 24 hours. This strong rally followed Saturday’s 6% gain, when XLM outperformed all other top 20 cryptocurrencies by market capitalization.

Meanwhile, Hedera’s HBAR surged to an intraday peak of $0.2516 at 3:10 p.m. UTC and was trading around $0.2439 later in the session, marking a 27% daily increase. HBAR now stands as the top percentage gainer among the top 20 crypto assets.

Altcoin Rotation on the Move

Crypto analyst Rekt Capital highlighted on X that HBAR’s recent 62% rally closely mirrors its price pattern from the 2021 cycle. According to the analyst, HBAR has been tracking its previous structure “almost perfectly,” and any short-term pullbacks could be healthy retests aimed at breaking above the current lower high resistance.

Rekt Capital also noted that a modest 2.5% decline in Bitcoin’s market dominance has already sparked significant rallies among altcoins. He suggested that if such a small drop can unleash strong altcoin moves, a more substantial dip in dominance—potentially into double digits—could dramatically accelerate capital rotation into the altcoin market.