Bitcoin Near $70,000, Ethereum, XRP, Dogecoin Pop as Crypto Hits 'Greed' Mode: Analyst Says It's Just the

Leading cryptocurrencies jumped to their multi-month highs on Wednesday as investors parsed CLARITY Act optimism and other macro developments.

Cryptocurrency24-Hour Gains +/-Price (Recorded at 9:23 p.m.

EDT)Bitcoin (CRYPTO: BTC)+7.58%$69,349.38Ethereum (CRYPTO: ETH) +17.87%$2,256.67XRP (CRYPTO: XRP) +11.43%$1.13Solana (CRYPTO: SOL) +10.36%$84.84Dogecoin (CRYPTO: DOGE) +6.94%$0.07484 Crypto Market Explodes Bitcoin surged nearly 8% to touch $70,000, reaching its highest level since early June.

Trading volume erupted 161% over the last 24 hours, indicating high buying pressure.

Ethereum soared to levels not seen since May 12, while trading volume exploded by 346%.