Crypto Rally Extends as Ethereum Breakout Lifts Markets
ETH led weekend gains among top-10 assets, while altcoins rallied double digitals.
Crypto markets experienced an uptick over the weekend that continued into Monday, Aug. 11, following President Donald Trump signing an executive order allowing cryptocurrencies in 401(k) retirement plans late last week.
The standout earner among large-cap cryptocurrencies was Ethereum (ETH), which broke past $4,200 for the first time since December 2021 over the weekend, following the public ETH treasury firm Fundamental Global filing a $5 billion shelf registration with the SEC. Since then, it has risen to almost $4,350, up nearly 3% on the day, and about 20% over the past week.
Bitcoin (BTC) climbed as high as…
