Bitcoin, Ethereum, BNB, Solana, and Avalanche.
As of 12:27 pm IST, Bitcoin was trading 1.3% higher at $63,703, while Ethereum had risen 3% to $2,656. Other notable gains included BNB up 1.9%, Solana increasing 0.3%, Toncoin surging 1%, Cardano rising 1.3%, Avalanche up 2.2%, and NEAR Protocol gaining 9%.
«Bitcoin has made a significant move, reaching a one-month high and maintaining its rally following the Federal Reserve’s rate cut, currently trading at $63,800. Market sentiment has further strengthened after Kamala Harris, in her first public statement, pledged to support investment in AI and digital assets during a Wall Street fundraiser. As we approach the U.S. elections, this positive momentum could drive Bitcoin to new heights,» said Edul Patel, CEO of Mudrex.
«BTC’s current resistance lies at $64,000 while the support stands at $62,100,» Patel added.
Similarly, Shivam Thakral, CEO of BuyUcoin, said, «Bitcoin surged by 2%, following Vice President Kamala Harris making headlines by addressing cryptocurrency for the first time, emphasizing a balanced approach to innovation and consumer protection. As the 2024 election approaches, Harris' comments may influence regulatory perspectives and shape the crypto landscape moving forward.»
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