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#PostonSquaretoEarn$50 Bitcoin led the movement, rising more than 7% over the past 24 hours to around $92,900, increasing the total market capitalization to approximately $3.15 trillion, a 7% gain for the day.
The sharp rebound comes amid improving sentiment in the sector. The Fear & Greed Index rose to 22—still in the "fear zone," but significantly above the extreme fear levels seen at the beginning of the week. Trading activity remains high: Bitcoin alone recorded over $84.8 billion in volume in 24 hours—a sign that market participants are increasing exposure rather than waiting for further declines.
Broad Market Rally
Nearly all major assets participated in the upswing.
Ethereum jumped 8.9% to $3,060, with trading volume exceeding $29 billion.
XRP rose 9% to $2.20, putting the token back into a short-term uptrend.
BNB climbed more than 8% to about $898, continuing its steady recovery.
Solana was among the strongest assets, up 11.6% in 24 hours to $142, supported by nearly $7 billion in trading volume.
Stablecoins remained firmly pegged: USDT held at $1, but showed an exceptionally high daily volume of $126.6 billion—a sign of returning liquidity in the market.
Breaking the Downtrend?
Analysts note a combination of short liquidations, improving macroeconomic conditions, and easier access to ETFs in the US as key drivers behind today’s rally. The CMC20 Index, which tracks leading large-cap crypto assets, rose 7.87%, confirming that the recovery is broad-based and not limited to Bitcoin alone.
Technical indicators are also improving. The average crypto market RSI stands at 55.55, lifting the market out of oversold territory and pointing to building momentum among leading assets.
What’s Next?
Traders are watching to see if Bitcoin can hold above $93,000—a key psychological level. A confident close above this zone could open the way to the next resistance cluster around $95,000, while failure to hold could lead to a retest of the upper boundary of the $80,000 range.
For now, confidence in the market is recovering, but with fragile sentiment and high leverage, volatility is likely to remain elevated in the coming sessions.
XRP-3.1%
BNB-2.15%
SOL-4.79%
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