A warm breeze is blowing through the cryptocurrency market, which had plunged for several days, as a rally in U.S. stocks continues.
According to CoinMarketCap, a global cryptocurrency market tracker, on the 25th, Bitcoin is trading at $88,556, up 1.89% from the previous day. However, it is still down 3.47% from a week ago.
Ethereum, the No. 2 by market capitalization, is $2,966, up 5.77% from the previous day. Ripple has jumped 9.06% to $2.23, and Solana is trading at $138, up 5.98%.
On this day, the Nasdaq surged more than 2% on a rebound in tech stocks in the U.S. stock market. There is also analysis that bargain-hunting demand is flowing in after the cryptocurrency downturn that has continued since last week.
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