Bitcoin advanced 1.28% to US$64,725 on Thursday, leading a broad rally across the cryptocurrency sector.
Ethereum also posted gains, rising 0.46% to US$1,917, signaling renewed investor interest in digital assets after a period of consolidation.
The digital asset has been climbing steadily, recently reaching $65,500, its highest level in five weeks, driven by positive market sentiment.
The move extends a recovery that began earlier in the week, with Bitcoin previously touching approximately $64,400.
The digital asset has been climbing steadily, recently reaching $65,500, its highest level in five weeks, driven by positive market sentiment.
This upward trajectory continues despite the US Federal Reserve maintaining its benchmark interest rate, suggesting that crypto markets are decoupling somewhat from traditional macroeconomic headwinds.
The broad-based nature of the rally, with major altcoins like Ethereum participating, indicates strengthening risk appetite among traders.