Ethereum, XRP, Solana Up Over 40% in 2 Weeks but 1 Altcoin Misses the Crypto Party
Bitcoin rally driven by spot demand and spreading to altcoins. Bitfinex sees $80,000 as key resistance. Nineteen altcoins gain over 12%.
Crypto · News reference
Investors may be underestimating crypto's potential as it expands into traditional markets. Crypto-native firms offer unique advantages over TradFi giants.
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Bitcoin rally driven by spot demand and spreading to altcoins. Bitfinex sees $80,000 as key resistance. Nineteen altcoins gain over 12%.
BlackRock views Bitcoin as a portfolio diversifier and gold alternative; ETF investors held steady, while Ethereum underpins stablecoins, DeFi and
BlackRock is launching target-date mutual funds through Great Gray Trust that will allocate 5-20% of assets to private investments, offering 401(k) plan participants exposure to privately held businesses. The move aims to provide better diversification and potentially higher returns (about 50 basis points annually more than stocks) as the stock market becomes increasingly concentrated in large-cap and technology stocks.
BlackRock’s Wei Li says AI is still in Phase 1 despite nearly $600 billion in Big Tech spending, with adoption and productivity still ahead.
Bitcoin ETFs are driving fresh, broad-based inflows, integrating BTC into traditional portfolios and creating a more durable institutional bid.
Coinbase fell as hot jobs revived Fed hike bets and pushed Bitcoin below $80,000, while higher rates could help stablecoin revenue.