India, April 25 -- Cryptocurrencies got a boost on Friday amidst growing expectations that the U.S. administration may be softening its stance towards Beijing. The easing in bond yields in the U.S. also supported sentiment.
Overall crypto market capitalization is currently at $2.97 trillion, implying gains of 2.6 percent in the past 24 hours. The 24-hour trading volume however slipped 6.8 percent to $98 billion.
Bitcoin has gained 2.1 percent overnight to trade at $94,577, around 13 percent below the all-time high. The leading cryptocurrency traded between $95,011 and $92,607 during the past 24 hours and had added 1.3 percent on a year-to-date basis.
Bitcoin Spot ETF products in the U.S. witnessed inflows of 442 million on Thursday versu...