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Why Bitcoin, Ethereum, and Solana Absolutely Skyrocketed Today


Mega-cap cryptocurrencies Bitcoin (CRYPTO: BTC)Ethereum (CRYPTO: ETH), and Solana (CRYPTO: SOL) each skyrocketed higher in early afternoon trading today. As of 1:30 p.m. ET, these three top tokens appreciated 9.8%, 12.8%, and 11.6%, respectively, over the past 24 hours. 

All three initially dipped this morning following a bullish jobs report. However, since then, the crypto market has followed equities higher in early afternoon trading, surging on extreme interest from investors, despite heightened risks of rate hikes and more hawkish monetary policy.

Image source: Getty Images.

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Source Fool.com

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