BTC rose 1.5% to trade over $26,100 in European morning hours on Thursday, while Ether neared $1,700 before falling to $1,650.
BTC rose 1.5% to trade over $26,100 in European morning hours on Thursday. Ether neared $1,700 before falling to $1,650. Xrp and solana led gains among major crypto tokens, rising as much as 3% before retreating.
The CoinDesk Market Index , a broad-based index that tracks the prices of hundreds of tokens, rose 1.67% in the past 24 hours.to allow cross-chain swaps of bitcoin via a tool built in collaboration with ShapeShift.FTX revealed in bankruptcy court filings earlier this week that it holds $1.16 billion of SOL – approximately 16% of the token’s outstanding supplyOn Wednesday, a judge in the U.S.
SOL dropped up to 4% following the court ruling, but part of the stash is locked as venture investment and not available for sale. Aptos ,Meanwhile, FxPro Senior Market Analyst Alex Kuptsikevich told CoinDesk in an email that, generally, bearish sentiment remained intact among professional traders. “The question is whether the recent dip will be the starting point for the next rally. Keep an eye on the activity near the recent highs; for now, the market is not allowed to go higher,” Kuptsikevich said.
“Despite the potential for a rebound, BTCUSD remains within the bearish momentum that has been in place since July, with lower and lower highs and lows,” he added. “Ether remains in a downtrend, although its intensity is decreasing.”
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