What to know : Altcoins outperformed bitcoin, with ICP, NEAR and UNI leading gains across major tokens. Coinbase rebounded 10% from session lows after Thursday's earnings miss. SEC Chair Paul Atkins signaled support for rules around onchain trading and blockchain settlement infrastructure.
With bitcoin holding above $80,000 and stocks pushing to fresh record highs, risk appetite spilled deeper into crypto markets Friday, lifting altcoins and blockchain infrastructure plays.
Solana (SOL), Chainlink , and rose around 5%, while Near Protocol (NEAR) and Uniswap (UNI) gained roughly 7%. Internet Computer Protocol’s ICP jumped nearly 12%, leading majors higher.
The move came alongside another strong session for equities. The tech-heavy Nasdaq climbed 2.2% to fresh record highs, while the S&P 500 added 0.85%, also closing at an all-time high.
Friday’s U.S. labor market data added to the constructive backdrop. The economy added 115,000 jobs in April, comfortably above expectations for 62,000, while the unemployment rate held steady at 4.3%.
Crypto-linked equities also rebounded, led by Coinbase (COIN). Shares of the crypto exchange recovered 10% from session lows after Thursday’s earnings report showed a $398 million quarterly loss with softer trading activity. The firm's trading platform also suffered early Friday a several hours long outage due to an AWS failure that was fully resolved later.
Despite the weak quarter, several Wall Street analysts focused on longer-term tailwinds tied to stablecoins and crypto regulation.
That narrative gained momentum after SEC Chair Paul Atkins said Friday that the agency is weighing new rulemaking around onchain trading systems, crypto custody infrastructure and blockchain-based settlement rails as finance increasingly converges with AI and distributed ledger technology.
Atkins also reiterated support for congressional efforts to advance crypto market structure legislation, comments investors viewed as supportive for tokenization and blockchain-based financial infrastructure.
The theme drove gains in related equities. Bullish (BLSH), CoinDesk’s parent company, that this week announced a deeper push into tokenization, rose 6%. Digital asset infrastructure firm BitGo (BTGO) surged 10%, while Cantor Equity Partners II (CEPT), which plans to merge with BlackRock-backed tokenization firm Securitize, gained 4.3%.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
