Cryptocurrency market rises with Bitcoin at $114,317, Ethereum at $4,222 amid stock gains and dip-buying inflows
The virtual asset market, which had been in a continuous downtrend, has turned upward.
According to CoinMarketCap, a virtual asset market data platform, as of 8:10 a.m. on the 30th, the Bitcoin price recorded $114,317, up 1.96% compared to the previous day. This represents a 1.34% increase compared to a week ago.
Altcoins are also showing upward momentum. Ethereum, the second-largest by market capitalization, rose 2.38% from the previous day to $4,222, while XRP and Solana traded at $2.88 and $213, up 0.86% and 1.58% respectively compared to the previous day.
On the same day, the New York stock market closed slightly higher, driven by a rebound in major tech stocks and large-scale merger and acquisition news. This appears to have led to dip-buying inflows into the virtual asset market, following its recent sharp decline and stock market gains.
