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Bitcoin (BTC) Pops Over $60K, XRP Leads Gains Among Majors

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2024-08-20 18:23:17888browse

Some traders expect market movements nearer to Friday when Federal Reserve chair Jerome Powell is scheduled to speak at the Jackson Hole symposium.

Bitcoin (BTC) Pops Over K, XRP Leads Gains Among Majors

Bitcoin (BTC) price moved past $61,000 early Tuesday as U.S.-spot exchange-traded funds (ETFs) holding the asset recorded their second-highest inflow activity this month.

Major Tokens Gain:

Following BTC’s price movement, major tokens also saw gains on Tuesday. XRP and BNB Chain’s BNB jumped over 7%, while Solana’s SOL and Cardano’s ADA gained 4%. Toncoin (TON) declined 0.8% in the past 24 hours.

The CoinDesk 20 (CD20), a measure of the performance of the largest and most liquid digital assets, is up 4.25%.

Some traders are expecting market movements nearer to Friday when Federal Reserve chair Jerome Powell is scheduled to speak at the Jackson Hole symposium.

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