Bitcoin attempted to break $100,000 but faced resistance and fluctuated around $94,000 until a potential US-China trade deal news pushed it past $100,000 mark, hitting over $104,000.
Ethereum saw a significant surge of almost 30% to reach nearly $2,500, its highest price in two months, following the implementation of the Pectra upgrade.
Other altcoins like SOL, DOGE, SUI, ADA, BCH, HYPE, and SHIB also experienced double-digit price increases.
Important developments include ETH's best day since 2021, SEC-Ripple settling for $50 million, New Hampshire enacting a Bitcoin reserve bill, Wall Street favoring Bitcoin over gold, and upcoming token unlocks worth $389 million.