Bitcoin Steady Over $52K;Traders Target $55K in Short-Term

However, other major tokens, such as ether (ETH) and Polygon’s MATIC, recorded higher gains, rising more than 5% since Friday. Ether likely gained as expectations of an ether ETF product offering the asset to U.S. investors bumped up – a narrative that has boosted the Ethereum ecosystem in recent weeks. Meanwhile, the CoinDesk 20 Index (CD20), a benchmark for the biggest and the most liquid cryptocurrencies, rose 2.68% in the past 24 hours.