According to a monthly report from Binance, the crypto exchange that’s basically the equivalent of a bustling bazaar, regulatory progress in the U.S. was like a warm hug for market participants. New stablecoin laws were passed, which, let’s be honest, is about as exciting as watching paint dry, but it did wonders for building confidence. As a result, altcoins decided to throw a party of their own, outshining Bitcoin and pushing its market dominance down to a mere 60.6%. Meanwhile, altcoins strutted around with a share of 39.2%, feeling rather smug about their newfound popularity.