Most other major cryptos joined bitcoin’s upswing. Ether, the second largest crypto in market value, was recently up more than 1.6% to change hands at $1,914. Earlier this week, ETH regained the $1,900 threshold for the first time since early June. Litecoin and DOT, the token of smart contracts platform Polkadot, were recently up more than 5%. AVAX, the native crypto of the Avalanche blockchain, rose nearly as much.
Bitcoin’s (BTC) Recent Weakness Has Not Been Isolated to Crypto Markets, Coinbase Says
“The average weekday spot volume on CEXs during 1Q24 was $18.8 billion, more than eight-fold the $2.3 billion daily volume...