ALT5 Sigma (ALTS), a crypto-related stock, experienced a significant pre-market surge of 8.19% on Thursday, riding the wave of enthusiasm in the cryptocurrency market. This upward movement comes as Bitcoin reached a fresh all-time high and Ethereum approached its record levels, sparking a broader rally among crypto-related stocks.

The crypto market's bullish trend is attributed to several factors, including increasing certainty of Federal Reserve rate cuts, sustained institutional buying, and recent moves by the Trump administration to ease investment in crypto assets. Bitcoin, the world's largest cryptocurrency by market capitalization, climbed to $124,002.49 in early Asian trading, surpassing its previous peak. Meanwhile, Ether, the second-largest crypto token, hit $4,780.04, its highest level since late 2021.

ALT5 Sigma's pre-market rally aligns with the performance of other crypto-related stocks, which also saw significant gains. The positive sentiment in the crypto sector is further bolstered by recent regulatory wins in the United States, including an executive order allowing crypto assets in 401(k) retirement accounts and the passage of stablecoin regulations. As the crypto market continues to gain mainstream acceptance and favorable regulatory treatment, stocks like ALT5 Sigma are likely to remain in focus for investors looking to capitalize on the sector's growth potential.