Crypto Markets Surge as Bitcoin Reaches $64,400

The cryptocurrency market experienced another surge on Friday, with Bitcoin trading at $64,400, up by 2% since midnight UTC. This price point is the same level it failed to breach on Monday, and if it can break past this resistance, it's likely to move towards the June 15 high of $67,250.

Ethereum outperformed Bitcoin, rising 2.6% to $1,790 as it aims to snap a trend of sequential lower highs and lower lows.

The altcoin sector also saw notable gains ahead of the weekend, with Zcash (ZEC) and Aave (AAVE) both rising by around 5%. This optimism is slowly building back into more speculative bets after months of waning sentiment.

Crypto diverged from U.S. equities, with S&P 500 index futures and Nasdaq 100 futures falling 0.1% and 0.4%, respectively.