Crypto markets extended a modest rally early Thursday UTC, with Bitcoin (BTC) and major altcoins posting gains even as activity indicators across DeFi, stablecoins, and derivatives cooled—suggesting the move is being driven more by selective spot buying than broad-based risk-on positioning.
According to TokenPostMarket data, as of 11:07 a.m. ET on Wednesday, Bitcoin was trading at $62,955.77, up 1.79% over the past 24 hours. Ethereum (ETH) rose 0.75% to $1,741.45, keeping pace but lagging Bitcoin’s relative strength.
Large-cap altcoins were largely higher alongside the majors. XRP (XRP)… Read more
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