Bitcoin Rally Fuels 3.77% Surge in Stacks Price Amid PoX-5 Hype

Stacks (STX) has surged 3.77% over the last 13 hours, largely driven by Bitcoin's rally towards $80k and the ongoing narrative around PoX-5 BTC yield.

The strong Bitcoin price action has triggered a broad altcoin strength, with STX behaving as a high-beta satellite to Bitcoin's sentiment.

Technically, STX broke out above $0.34, clearing a key resistance zone and attracting aggressive buying that pushed the price up to $0.38.

The PoX-5 upgrade, set to go live on July 30, is expected to enable an institutional path to earn BTC yields via Stacks, contributing to the growing interest in the ecosystem's NFTs and DeFi applications.