June 21 (Cointime) - Bitcoin experienced a surge of over 5% in Asian trading on Wednesday, breaking through the $28,000 resistance level and leading a rally among the top 10 non-stablecoin cryptocurrencies, except for XRP.
This rise was attributed to the launch of EDX Markets, a cryptocurrency exchange supported by major Wall Street players such as Citadel Securities, Fidelity, and Charles Schwab. Meanwhile, US equity futures were slightly down as investors awaited Federal Reserve Chair Jerome Powell's testimony to Congress.
The total cryptocurrency market cap increased by 3.70% to $1.11 trillion in the last 24 hours, with crypto trading volume rising by 47.78% to $38.63 billion, according to CoinMarketCap data.
Additionally, NFT transactions on the Ethereum blockchain reached $13.84 million in the past 24 hours, with Azuki having the highest number of transactions. The launch of EDX Markets and Deutsche Bank's application for a digital asset custody service license indicate that the future of crypto is taking shape, but it may not be enough to reverse recent market trends.
Finally, Nike's collaboration with Fortnite will offer access to a future .SWOOSH NFT drop and an achievement on Nike's .SWOOSH platform.
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