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Major cryptocurrencies rallied on Monday evening propelled by Bitcoin’s continued ascent in the ranks of top assets by market cap. Bitcoin surpassed silver to claim the title of the world’s eighth most valuable property.
Bitcoin topped $72,000 for the first time, advancing for a sixth straight day and taking gains this year to almost 70% on the back of huge inflows into U.S. exchange-traded funds.
The original cryptocurrency rose as much as 5% to $72,880 on Monday, before paring the increase. Smaller tokens like Ether, Solana and Avalanche also advanced. The crypto gains came even as equities were mixed ahead of a key report on US inflation.
These are some of the stocks posting the largest moves at midday.
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