Other major cryptocurrencies, including those that tumbled following their mention in U.S. Securities and Exchange Commission (SEC) lawsuits against exchanges Binance and Coinbase last week, regained large swathes of ground. SOL, the token of the Solana blockchain, was recently up more than 7%. ADA, MATIC and ALGO, the native cryptocurrencies of smart contract platforms Cardano, Polygon and Algorand, respectively, rose 3.5%, 3% and 4.1%.

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• Source: https://www.coindesk.com/markets/2023/06/16/bitcoin-recrosses-263k-to-hit-highest-level-in-a-week-amid-blackrock-optimism/?utm_medium=referral&utm_source=rss&utm_campaign=headlines