Published on 8 Apr 2024 on Motley Fool via Yahoo Finance
Several major cryptocurrencies started the week on a high note today amid a confluence of positive catalysts, including potential short squeezes, technical trading tailwinds, and -- perhaps most surprising -- geopolitical tailwinds from leading Chinese money management firms.
When all was said and done, as of the close of Monday's regular session, the price of Ethereum (CRYPTO: ETH) was up 9.1%, Bitcoin (CRYPTO: BTC) had rallied 3.8%, and Dogecoin (CRYPTO: DOGE) gained a little over 2%.