Bitcoin rises above $81,000, while NEAR jumps 23% on Zcash swap traffic
Bitcoin extended a slow climb through the Asian session while regional equities and U.S. stock futures rose on progress in trade talks between Washington and Beijing.
Make preferred on
Share this article
Summary
- Bitcoin traded just above $81,000 after the Securities and Exchange Commission cleared a path for onchain trading of tokenized U.S. stocks, helping spur a short squeeze.
- NEAR surged about 23% as its cross-chain swap service attracted heavy ZEC trading, including a sixfold increase in daily ZEC volume routed through the platform.
- Asian stocks and U.S. equity futures rose after encouraging U.S.-China trade talks, while falling oil prices eased inflation concerns.
