The high demand from U.S.-listed bitcoin ETFs leads to a frenzy for tokens.
Bitcoin has more than tripled since the start of last year.
Sector-specific factors have been supporting Bitcoin, including the debut of US exchange-traded funds dedicated to the token.
Bitcoin has risen almost 20% since the start of December.
Smaller tokens such as Ether and meme-crowd favorite Dogecoin also pushed higher.
The rout pushed Bitcoin from near $29,000 to as low as $25,314 in a 24-hour span.
Smaller coins such as Ether and BNB posted relatively small gyrations.
Delio and Haru both advertise double-digit yields for investors who lend crypto on the platforms.
Crypto fugitive Do Kwon is being sought by authorities in South Korea for alleged fraud.
Rapidly tightening monetary policy sapped speculative ardor and sparked a series of blowups at risky crypto outfits.
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