Cryptocurrencies
Bitcoin Reclaims $31,000 Level After Weeks of Languishing
- Cardano and Solana lead outperformance among altcoins
- BNB declines as Binance is said by people to be under US probe
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Bitcoin advanced for a third day, rising back above the $31,000 mark, as risk appetite returned to US financial markets.
The largest cryptocurrency by market value gained about 5% to $31,438 as of 5 p.m. in New York. Ether increased around 2.8%, while a number of altcoins also finishing in the green -- Solana, Avalanche, Cardano were all up as much as 11% on Monday as market sentiment improved.