Crypto Assets Rally With Bitcoin Surging to $66K
Crypto assets saw a significant uptick during the European morning as bitcoin gained about 1.5% over 24 hours, reaching $66,300. Similarly, ether rose 2% to $3,600. The broader digital asset market, as measured by the CoinDesk 20 Index (CD20), climbed around 1%. Among the standouts, Avalanche's AVAX was the biggest gainer, with an increase of just under 3.9%. XRP rose by 1.5%, while Solana's SOL gained 1.3%. SOL, a prominent competitor to ether in the altcoin market, may be experiencing downside due to traders anticipating the upcoming listing of spot ETH ETFs in the U.S., expected in the next few months.
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