Coindesk
1 week agoCryptocurrency
Bitcoin Breaks Out Above $68K as Solana's 7% Gain Leads Crypto Rally
Bitcoin surpassed $68,000 with a Monday rally after a period of muted price action, led by Solana which hit a five-week high.
Crypto prices surged following reports of softer inflation data, increased institutional interest in bitcoin, and big inflows into spot bitcoin ETFs.
Grayscale Bitcoin Trust announced a change in leadership, hinting at a potential return to asset growth from its current bitcoin holdings decline. [ more ]