Cryptocurrencies rallied after three days of modest declines, with the CoinDesk 20 index rising 2.7% over the last 24 hours. Bitcoin traded at $68,100, up 2.9%, while Ether lagged with just a 1.1% increase, hitting a 3.5-year low relative to BTC. Solana outperformed with a 3.0% gain, nearing record highs against Ether. Over the past month, Bitcoin has shown resilience with a 7.4% increase, in contrast to Ether's 2.1% decline. Experts attribute Ether's underperformance to weaker on-chain activity compared to Bitcoin and Solana. The transaction count on Bitcoin has surpassed that of Ethereum, signaling stronger capital inflows into Bitcoin, according to Andre Dragosch from Bitwise. Additionally, crypto-related stocks such as MicroStrategy surged nearly 10%. Following a failed attempt to breach the $70,000 mark, Bitcoin has now stabilized around $68,000, reflecting the ongoing volatility and competition among major cryptocurrencies.

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