Bitcoin rose over 3% to surpass $26,600 on Wednesday, marking its highest price this week. Ether also saw a 3.5% increase, approaching the $1,700 level. Solana's SOL and NEAR Protocol's native token both saw gains after being integrated into various platforms.
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Bitcoin climbs above $26,600 as crypto markets recover losses from last week's tumble
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Cardano's ADA has reached its highest level since May 2022, with evidence of significant participation from large traders in the on-chain activity. As Bitcoin approaches the $100,000 mark for the first time, capital is shifting towards alternative cryptocurrencies, generating excitement in the wider crypto market. Additionally, Bitcoin has broken a new record above $98,000, and there are reports that former US President Donald Trump is considering appointing a "Crypto Czar" and a crypto lawyer for SEC Chair. BlackRock's IBIT options launch has also contributed to Bitcoin's new ATH. -
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Bitwise Bitcoin ETF's holdings exceed $4 billion
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