Bitcoin tops $20K, Ether surges to its highest point since the Merge

The largest cryptocurrency by market value was recently changing hands at $20,134, up more than 4% over the last 24 hours. $BTC last topped this level on Oct. 6.

$ETH was in an equally buoyant mood, sprinting past $1,500 at one point, a roughly 10% gain from Monday, same time, and its highest level since Sept. 15. Other major cryptos were also well into the green as investors recovered their appetite for riskier assets. $SOL and $ADA were recently up more than 11% and 10%, respectively.