Bitcoin holds above $66,000 as crypto market edges higher

Ethereum, Solana, and XRP all posted modest gains on Wednesday as investors watched US economic data and geopolitical developments.

Staff Writer

Article summary

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Bitcoin climbed 1.69% to $66,186.39 on Wednesday, holding above the $66,000 mark as crypto markets posted modest broad gains. Ethereum, Solana, and XRP all edged higher, though trading remained cautious ahead of US economic data and amid geopolitical uncertainty.

Key points

  • Bitcoin rose 1.69% to $66,186.39 on Wednesday
  • Ethereum gained 2.26% to $1,938.66
  • Traders await US economic data for market direction

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Bitcoin held above $66,000, rising 1.69% to $66,186.39 in the latest trading session, as cryptocurrency markets broadly edged upward against a backdrop of cautious sentiment.

Ethereum gained 2.26% to reach $1,938.66, while Solana climbed 1% to $78.26 and XRP added 1.56% to trade at $1.13. Price movements across most digital assets were modest, with traders reluctant to take large positions ahead of upcoming US economic data releases and amid ongoing geopolitical uncertainty.

Despite the volatility that has characterised digital asset markets over recent months, Bitcoin has continued to attract institutional demand, analysts noted. Traders are watching for fresh signals that could clarify the market’s direction in the near term.