Bitcoin Rises Above $67K, but Lags Broader Crypto Market as ETH, SOL, LINK Post Big Gains
Softer U.S. inflation figures and big institutional interest in the spot bitcoin ETFs helped turn sentiment around.
24H Price
The Rally price is $0.01007379, a change of -3.00% over the past 24 hours as of 7:51 a.m. The recent price action in Rally left the tokens market capitalization at $50.49M. So far this year, Rally has a change of 24.24%. Rally is classified as a Currency under CoinDesks Digital Asset Classification Standard (DACS).
Softer U.S. inflation figures and big institutional interest in the spot bitcoin ETFs helped turn sentiment around.
All but two cryptos in the index moved higher over the past week, with Cosmos and Aptos missing out on the rally.
Ether's sell-off has stalled at an upward-sloping trendline, characterizing the rally from October lows.
Sluggish U.S. retail sales and softer inflation reports have opened the way for the next leg up in the crypto rally, Swissblock said.
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