BRC-20 tokens, commonly known as Ordinals, are experiencing major upward momentum as Bitcoin breaks past the $39,000 level. ORDI, the biggest of the BRC-20 tokens, is pulled up by BTC’s rally. According to CoinGecko, ORDI is up nearly 36% since yesterday, and currently trading at $32.42, it’s new all-time high. This recent price action places ORDI under the limelight, putting enormous pressure on the bears while giving big gains for the bulls. Related Reading: Top 5 Cryptos Set For A Price Explosion This December – ADA, TIA, RUNE, LUNC, BTC $39K Barrier Broken: What’s Next? The market is encountering a slight rally with Bitcoin gaining momentum on the legal side of things. The US Securities and Exchange Commission (SEC) has been eyeing the approval of a spot Bitcoin exchange-traded fund (ETF), giving traditional investors a safer avenue to invest in crypto. Crypto-related stocks also experienced a big jump in price, with names like Clean Spark (CLSK) and Iris Energy (IREN) making headlines. Michael Saylor’s Microstrategy is also up nearly 6% on the daily timeframe. Top BRC-20 coins by market cap. ..
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