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Crypto Rally Gains Momentum | Bitcoin and Crypto News
Description
Crypto’s on a roll—Bitcoin surges past $64K, aiming for the June 15 high of $67,250, while Ether leads with a 2% gain, breaking its downtrend. Altcoins like Zcash and Aave rally 5%, hinting at renewed optimism after months of quiet. Oddly, this crypto boom happens as U.S. stock futures dip. Derivatives show strategic bets: open contract value climbs, funding rates turn positive, and Bitcoin futures draw strong interest—though Ether’s futures lag, reflecting lingering caution. Altcoins shine, with Lighter up 200% since May thanks to a Robinhood deal, while AI tokens cool off after their earlier surge. Volatility indexes drop, signaling calm amid the rally.
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