Cryptocurrencies moved higher, mirroring wider markets, with traders eagerly awaiting the European Central Banks’ (ECB) monetary policy decision.
Bitcoin increased 2.89% to US$41,265, clawing back some of the almost 6% losses suffered earlier in the week. The largest coin by market value had briefly dipped below the key resistance level of US$40,000 yesterday.
Ethereum was up 1.64% to US$3,106, reaching its highest level since the start of the week.
Some of the other movers include Solana, which was up 2.24% to US$106,48, Terra, which climbed 3.12% to US$88.64 and Avalanche, rising 4.5% to US$80.96.