Bitcoin Set for Second Quarterly Gain as Smaller Tokens Lag by the Most Since 2020
- Largest digital asset’s 8% April-June gain extends 2023 bounce
- Smaller tokens post quarterly slump amid a US SEC crackdown
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Bitcoin registered a second straight quarterly gain, tightening its grip on crypto markets as smaller tokens nurse losses.
The largest digital asset rose 7% in April through June, aided by optimism about increasing demand if BlackRock Inc., Fidelity Investments and others succeed in their efforts to start spot Bitcoin exchange-traded funds in the US.