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Smaller speculative tokens are surging as bitcoin BTC $ 61,808.83 and other major tokens extend Wednesday’s advance. The CoinDesk 20 Index rose almost 5% in 24 hours to its highest in a week, with all members in the g...
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Smaller tokens Memecore's M, Auderia's beat lead as bitcoin, sol rally in 'first real bounce of the selloff'
Smaller speculative tokens are surging as bitcoin BTC $ 61,808.83 and other major tokens extend Wednesday’s advance. The CoinDesk 20 Index rose almost 5% in 24 hours to its highest in a week, with all members in the g...
Smaller speculative tokens are surging as bitcoin BTC $ 61,808.83 and other major tokens extend Wednesday’s advance. The CoinDesk 20 Index rose almost 5% in 24 hours to its highest in a week, with all members in the green.
Memecore’s M and Audiera’s BEAT have gained 81% and 12%, respectively, making them the best performers among the top 100 coins by market value. At No. 3, Venice Token (VVV) is up 9%.
Bitcoin, the largest cryptocurrency, added more than 4% to $61,200, and ether (ETH), the second-largest, rose 5%. Solana’s SOL gained 9% as the network unveiled an onchain governance system that requires staking at least 100,000 tokens to submit proposals. XRP is up almost 4%.
"First real bounce of the whole selloff, and it has something behind it," analysts at Marex said in an email. "[Federal Reserve Chairman Kevin] Warsh told Sintra that inflation risks have come down, the July hike bet got walked back, and BTC ripped back over $60k for the first time in a week. SOL is the star, up roughly 16% on the week and leading everything."
Others pointed to the nonfarm payrolls report due later Thursday and President Donald Trump’s introduction of voluntary AI model standards expected next week as key events to watch.
Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.
Disclosure & Polices : CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies . CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of Bullish (NYSE:BLSH), an institutionally focused global digital asset platform that provides market infrastructure and information services. Bullish owns and invests in digital asset businesses and digital assets and CoinDesk employees, including journalists, may receive Bullish equity-based compensation.
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