Bitcoin and other cryptocurrencies rally as Solana notches double digit gains

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City AM

By Darren Parkin Bitcoin is up by more than 3% over 24 hours and is trading above $28.3k, while Ethereum (ETH) and most other cryptocurrencies tag along. The original smart contracts crypto is trading around $1.7k, in the green by more than 2%. Other noteworthy crypto movements include Polygon (MATIC), which has rallied more than 4%, and Solana (SOL), which is up a remarkable 14% in the last day. On the back of this rally, the market cap of the entire crypto industry is up by 3.2%. The sudden surge has confounded analysts, many not being able to pinpoint one catalyst other than October having …

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