Bitcoin edged above the US$20,000 mark, the price it fluctuated around all week, while Ether rose more than 3% in late afternoon trading in Asia on Friday. Cardano, Dogecoin and Solana all added more than 2%. Celsius rallied over 34% in the past 24 hours.
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- Bitcoin rose 1.14% in the past 24 hours to US$20,115.48 at 4 p.m. in Hong Kong. Ether added 3.41% to US$1,594.20, according to data from CoinMarketCap.
- All of CoinMarketCap’s top 10 tokens by market capitalization rose, with other notable gainers including Cardano adding 2.81%, Dogecoin 2.79% and Solana 2.02%.
- The global crypto market cap rose 1.54% in the past 24 hours to US$986.32 billion at 4 p.m. Hong Kong time.
- Asia equity markets were mixed. The Shanghai Composite Index lost 0.82%, Hong Kong’s Hang Seng Index gained 0.047%, and Tokyo’s Nikkei 225 index fell 0.038%.
- Celsius (CEL) rose 34.13% in the past 24 hours to trade at US$1.54. The native token of Celsius Network, which filed for bankruptcy in July, jumped amid a report on Thursday the company filed a motion to return about US$50 million worth of tokens to some users.
- CEL has taken a rollercoaster ride in the last month with its price ranging from US$0.8 to US$4.46 on speculation Ripple or Goldman Sachs may acquire the crypto lender, as well as reports of a short squeeze by retail investors backing the network.
See related article: Crypto lender Celsius to return US$50 mln to locked out users