Bitcoin, Ether empty up; The shares are strengthened after the telephone conversation between China’s Xi Jinping and Ukraine’s Zelensky

Bitcoin and Ether rose in Asian trading hours on Thursday, while most of the top 10 non-stablecoin cryptocurrencies by market capitalization fell. Cardano’s ADA token saw the biggest gain. Asian and European stock markets rallied, along with most U.S. stock futures, after Chinese President Xi Jinping called Ukrainian President Volodymyr Zelensky to discuss efforts to promote peace.

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Fast facts

• Bitcoin rose 0.99% to US$28,962 in the 24 hours to 16:30 in Hong Kong. The world’s largest cryptocurrency fell to around $27,500 yesterday, before returning above $28,000.

• Ether rose 0.72% on the day to trade at $1,887, after falling below $1,900 earlier today.

• Cardano’s ADA, the day’s biggest gainer among the top 10 cryptos, rose 2.61% to $0.41. Polkadot’s DOT token saw the biggest loss, falling 2.51% to $5.91.

• The global cryptocurrency market capitalization rose 0.46% to $1.19 trillion in the 24 hours to 4:30 p.m. in Hong Kong, and total crypto market trading volume increased 78.69% to $72.25 billion.

• The Discard 500 NFT index rose 2.93% to 3,730.27 points during the day and fell 6.97% during the week. The index is a proxy measure of the performance of the global NFT market and includes 500 eligible smart contracts on a given day. It is managed by CryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.

• Asian stocks rallied, lifted by U.S. stock futures and easing concerns over geopolitical pressures after Chinese President Xi Jinping held his first phone call with Ukrainian President Zelensky since the Russian invasion. Zelensky wrote on the messaging app Telegram that the conversation focused on “ways of possible cooperation to establish a just and sustainable peace for Ukraine.”

• Japan’s Nikkei 225 rose 0.15%, the Shanghai Composite rose 0.67%, the Shenzhen Composite rose 0.28% and Hong Kong’s Hang Seng Index ended the day 0.42% higher.

• European stock markets strengthened amid renewed hope for peace in the Ukraine war. The pan-European STOXX 600 rose 0.2% and Germany’s DAX 40 rose 0.16%.

• Most U.S. stock futures gained on Wednesday, with the Dow Jones Industrial Average falling 0.68%. S&P 500 Futures rose 0.45% and the Nasdaq Composite Index rose 0.47%.

• The US dollar was down 0.06% at 101.4, extending yesterday’s losses. The euro rose 0.11% to stay above $1.10.

• Gold rose 0.48% to $1,999 an ounce as renewed concerns about the US banking sector drove investors into the precious metal.

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