Bitcoin Above $81K as NEAR Surges on Swap Activity
Crypto markets have rallied as Bitcoin holds above $81,000 and NEAR jumps on swap activity. The U.S. SEC's clearance of onchain trading for tokenized U.S. stocks has given a boost to risk appetite in Asian trading.
The move follows encouraging signals from U.S.-China trade talks after U.S. officials described the discussions as very successful ahead of a summit between Presidents Donald Trump and Xi Jinping this week.
Near Protocol's NEAR token is leading major tokens with a rise of about 23% to just above $4, linked to NEAR Intents, a swap service on the NEAR blockchain that allows wallets to exchange tokens across different chains without users first moving funds manually between networks.