Altcoins Rebound as Bitcoin Stalls: PEPE, TIA and INJ Lead the Rotation

Altcoins are beginning to outperform Bitcoin again as traders rotate into higher-risk crypto assets while BTC remains stuck near the low-$80,000 range. Bitcoin traded around $81,700 on October 23, gaining only around 0.5%, while the broader CoinDesk 80 index advanced approximately 1.4%. Memecoins delivered the strongest move, climbing around 2.9%, with PEPE gaining roughly 13%, according to CoinDesk . PEPE emerged as one of the strongest performers in the latest market rebound. The move reflects renewed demand for higher-beta crypto assets after several weeks of cautious positioning.