business ๐ BTC hits $81k; NEAR jumps on ZEC swaps
Bitcoin surpassed $81,000 after the SEC paved the way for onchain trading of tokenized US stocks. NEAR jumped about 23% because its cross-chain swap service saw heavy ZEC trading activity. As of Monday Asian morning, Bitcoin was up under 1% over 24 hours. This surge follows the SEC decision made on Thursday, which spurred a short squeeze in the market. Future volatility is expected leading up to the Federal Reserve's late-October meeting. ๐