Bitcoin surges above $95,000 as ether, solana, cardano jump 8% on investor optimism
Bitcoin surged above $95,000, marking a 4% increase, while Ether rose over 7% to around $3,330, driven by easing U.S. inflation and political uncertainty surrounding the Federal Reserve. Major tokens like Solana and Cardano also saw gains of up to 9%. The positive market sentiment was fueled by lower inflation expectations and significant liquidations in crypto derivatives, totaling over $688 million. Traditional markets also rallied, indicating a broader risk-on mood among investors.
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