Crypto edges higher as Layer 2 tokens outperform majors

Crypto prices inched higher post-Fed cut, led by Layer 2 gains, while Bitcoin and Ethereum remained range-bound.

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3 days ago

Crypto edges higher as Layer 2 tokens outperform majors

Crypto edges higher as Layer 2 tokens outperform majors
Crypto markets traded modestly higher after the Fed’s rate cut improved liquidity conditions. Bitcoin hovered above $92,000, while Ethereum held near $3,200. Layer 2 tokens outperformed on rising interest in scaling solutions, though profit taking capped gains in some assets. Analysts warned that muted whale activity could keep near-term volatility elevated.