There was a rally in crypto assets during the European morning, with bitcoin rising around 1.5% over 24 hours to $66,300 and ether up 2% to $3,600. The broader digital asset market, as measured by the CoinDesk 20 Index (CD20), has increased by about 1%. Avalanche’s AVAX saw the biggest gain at just under 3.9%. XRP also rose by 1.5%, while Solana’s SOL gained 1.3%. SOL, often seen as a competitor to ether in the altcoin market, may be facing some downside as traders anticipate the listing of spot ETH ETFs in the U.S., a development expected to happen in the next few months.
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