Investing.com - Crypto asset symbols linked to trading and asset tokenization saw strong gains after U.S. regulators moved to expand digital asset markets, despite the failure of a major bill to regulate cryptocurrencies in Congress.

The Hyperliquid token, known as HYB E, hit a new record level of $96 on Monday, bringing its market value to more than $20 billion.

UniSwapโ€™s token, known as UNI, rose by about 40% over the past week, while Avalanche, known as AVAX, climbed by roughly 47%.

Ethena, known as ENA, rose by about 50%, while Ondo, known as ONDO, logged gains of nearly 26%.

$BTC