Crypto Tops Stocks, Gold on Best Bitcoin Streak in Nearly a Year
- Gauge of top 100 digital assets is up about 7% in January
- Alternative coins like Solana, Cardano have rallied sharply
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A cryptocurrency sector battered by turmoil last year is showing some signs of life early in 2023, posting bigger gains than other asset classes like stocks, bonds and gold.
The MVIS CryptoCompare Digital Assets 100 Index of top tokens is up 7% so far this month, exceeding advances of about 2% in global stocks, 1% in bonds and 3% from gold, according to data compiled by Bloomberg.