what’s fueling crypto market’s surge — TradingView News
Cryptocurrency markets extended their rebound in US morning trading on Friday, with Bitcoin climbing back above the $70,000 mark after a sharp sell-off earlier in the week, as improving sentiment in global equity markets helped drive investors back into risk assets.
Bitcoin rose nearly 17% from its late-Thursday low near $60,000 and was up about 5% over the past 24 hours.
The move marked a significant recovery after several sessions of heavy losses that had pushed the world’s largest cryptocurrency to its weakest levels in months.
The rebound in Bitcoin was mirrored across major digital assets. Ethereum gained about 4.45% over the past 24 hours, outperforming most large-cap peers.
XRP posted one of the strongest advances, surging 21.54%…
