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The Crypto Report: Cryptocurrencies gain for a second day, following US stocks higher

The Crypto Report: Cryptocurrencies gain for a second day, following US stocks higher

Cryptocurrencies moved higher for a second consecutive day, mirroring gains in US stocks and the tech-heavy Nasdaq.

Bitcoin, the largest coin by market cap, gained 1.81% to US$41,446, its highest value in a week. Ethereum climbed 1.99% to US$3,102.

The coin is trading at its highest level in six days. The crypto market mirrored the movement of the tech-heavy Nasdaq, with which it has become increasingly aligned.