Crypto UP 7-10%, Bank of America recommends crypto, Kalshi raise $11B

Crypto majors are sharply higher, climbing 6–10% following Vanguard’s crypto debut and supportive commentary from Bank of America, with BTC up 6% to $92,900, ETH up 9% to $3,070, BNB up 7% to $899, and SOL up 10% to $142. Among top movers, SUI gained 24%, PENGU 19%, and LINK 18%. Ethereum’s Fusaka upgrade is scheduled to launch today, aiming to improve mainnet ingestion of L2 data and reduce rollup costs to enhance scalability. Bank of America is now recommending a 1–4% crypto allocation for clients across Merrill Lynch and the Private Bank source: https://decrypt.co/videos/interviews/kLKB13oZ/crypto-up-7-10-bank-of-america-recommends-crypto-kalshi-raise-11b