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Major cryptocurrencies surged following softer-than-expected U.S. jobs data, fueling speculation of potential Federal Reserve rate cuts. Bitcoin rose 1.5% to $64,340, Ethereum gained 3% to $3,184, and various altcoins, including BNB, Solana, XRP, Dogecoin, Toncoin, Shiba Inu, and Polkadot, also saw increases.
Bitcoin declined on Thursday after the US Federal Reserve decided to maintain interest rates unchanged and its indication that rate cuts might be delayed.
These debuts mark the first launch of spot cryptocurrency ETFs in Asia, coming just three months after the U.S. introduced its first ETFs to track spot bitcoin.
He cryptocurrency market experienced a decline in Monday's trading session, with Bitcoin slipping 2.3% to $62,300, while Ethereum fell 4.3% to $3,170.
In the last 24 hours, the m-cap of Bitcoin rose to $1.311 trillion. Bitcoin's dominance is currently 53.27%, according to CoinMarketCap. BTC volume in the last 24 hours fell 3.2% to $24.26 billion.