June 30 (Cointime) - Bitcoin, Ether, and other top 10 non-stablecoin cryptocurrencies experienced gains in Friday afternoon trading in Asia due to positive market sentiment. This was fueled by traditional financial institutions filing spot Bitcoin exchange-traded fund (ETF) applications, indicating confidence in the profit potential of digital assets.
The US gross domestic product grew faster than expected in the first quarter and initial jobless claims came in at less than expected, which also contributed to the positive market reaction. Solana and Litecoin saw the biggest gains, with Litecoin's upcoming halving event expected to serve as a bullish price catalyst.
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