The move came as U.S. markets opened for trade, suggesting strong demand from American investors.
All we would say here is not to fight this emerging dollar uptrend, ING said.
Even after breaking through $77,000 for the first time, bitcoin’s price looks very likely to keep surging, CoinDesk senior analyst James Van Straten argues.
MicroStrategy and Coinbase both added 12%, with bitcoin miners also gaining more than 10% in pre-market trading.
Daily transaction fees on Solana have cooled significantly from record highs reached last month, providing bearish cues to the SOL token.
Investors in crypto and traditional markets bet that impending U.S. presidential election will breed price volatility.
Prices had move higher early in U.S. trading on Friday alongside a soft economic veri and a rebound in stocks.
The company also owns a significant amount of gold and the big move higher in the yellow metal boosted profits.
The outside group of Wall Street leaders that guides the Treasury’s debt management, the Treasury Borrowing Advisory Committee, shared views on tokenized debt and warned about Tether.