BTC Tops $108K on JPMorgan Crypto Filing, XRP Rallies on ETF News
Crypto markets pushed higher on Monday as traders have shifted focus from geopolitical anxieties to crypto-related institutional developments ahead of the upcoming Federal Open Market Committee’s meeting.
Bitcoin
has risen 3.1% in the last 24 hours and is now trading for $108,600, only a couple of thousand dollars below its all-time record. It certainly wasn’t alone in its ascension. The CoinDesk 20 — an index of the top 20 cryptocurrencies by market capitalization, excluding stablecoins, memecoins and exchange coins — is up 4.3% in the same period of time, buoyed by strong performances from and chainlink , which both notched 6-7% gains, and most other tokens rising at least 3%.
A check at traditional markets shows that risk…
