đBitcoin $BTC climbs almost 5% to $61.5k as market reacts positively to Mt. Gox distributions: #MtGoxJulyRepayments
â˘Bitcoinâs price climbed to $61,500 on Aug. 13 following the movement of $2 billion in Bitcoin tied to the long-defunct Mt. Gox exchange.
â˘The rally, which saw the leading crypto jump by nearly 5% in just one hour, has ignited renewed optimism in the market.
â˘Bitcoin gave up some of the dayâs gains after a minor rejection from the daily peak. However, the flagship crypto was still up 3.75% over the past 24 hours and trading at $60,770 based on CryptoSlate data.
đ#Altcoinsđđ follow ::
The top altcoins saw similar gains for the day, with Ethereum ($ETH ) up 1.7% over the last 24 hours to $2,700 as of press time. The coin hit a daily high of $2,728.#ETHETFsApproved
Solana ($SOL ) hit a daily high of $149.7 before giving up some of the gains. The coin was up 2.35% over the past 24 hours and trading at $147 as of press time.
#BNBToken was also up roughly 2.2% over the past 24 hours and trading at $521.5 as of press time, while XRP was up over 3.22% to $0.58.
#Toncoin (TON), Dogecoin (DOGE), and Cardano (ADA) recorded comparatively minor gains for the day â up 0.93%, 1.19%, and 1.38%, respectively.