It’s likely being helped by fresh interest in the assets.GameStop, the videogame retailer that gained fame as a meme stock in 2020, is considering investing in Bitcoin and other cryptos, CNBC reported citing people familiar with the matter.

Temperatures have cooled somewhat in the "crypto summer" we've been experiencing. However, don't bet on a full-blown change of seasons. There could still be plenty of room for the top cryptocurrencies to run.

There was a time not long ago when cryptocurrencies were considered anti-establishment and viewed disdainfully by the mainstream financial

Bitcoin was edging higher on Wednesday, but other cryptocurrencies were having a tougher time of it ahead of a fresh batch of inflation data that could determine if the Federal Reserve will be able to cut interest rates in 2025.

In January 2024, the Securities and Exchange Commission (SEC) approved the creation of spot Bitcoin ETFs. Those funds reduce friction for prospective investors by providing a form of Bitcoin exposure free from the complexities and high fees associated with cryptocurrency exchanges.