Bitcoin remains in a tight trading range between $76,000 and $78,000, with low volatility dominating the market. On Friday, altcoins such as NEAR and FET saw notable gains of 28.5% and 11.4%, respectively, as speculative flows shifted away from privacy coins like DASH, ZEC, and XMR, which faced selling pressure. The HYPE token has surged by approximately 60% since Tuesday, reaching a record high due to heavy short liquidations and increased institutional interest following the launch of U.S. spot ETFs. Overall, the altcoin season indicator rose to 38/100, reflecting a growing interest in altcoins. Meanwhile, the crypto futures market's volume increased slightly to $160 billion, with open interest remaining stable at $128 billion. Liquidations dropped significantly, indicating a calmer trading environment. However, Bitcoin's implied volatility continues to decline as traders focus on put options, suggesting a cautious approach heading into the weekend. Additionally, a security breach at Polymarket resulted in over $520,000 being drained from its smart contracts, raising concerns in the decentralized finance sector.