Bitcoin’s been doing pretty well lately, bouncing back after that brutal drop we saw earlier in the week. It actually went above $94,000 yesterday, which was the first time since November 17th, but couldn’t really stay up there. Now it’s trading somewhere around $93,000, which honestly isn’t bad at all.
Things looked really rough on Monday and Tuesday when BTC crashed below $84,000, but the bulls jumped in quick and didn’t let it go any lower. They pushed it back over $90,000 pretty fast, and it’s been recovering since. Bitcoin’s market cap is sitting above $1.86 trillion right now, and it’s got like 57% dominance over the rest of the crypto market.
Ethereum was the big winner yesterday, pumping over 5% to hit more than $3,190 after the Fusaka upgrade went through without any problems. That’s ETH’s highest price in three weeks, and everyone seems pretty hyped about it.
Most of the other big coins are kind of just sitting there, though. BNB, SOL, TRX, ADA, and HYPE made some small gains, but XRP, DOGE, XLM, and BCH are actually down a bit. SUI, HBAR, and CC dropped around 4%, but TAO absolutely exploded, going up over 8% to above $310.
The total crypto market added something like $40 billion and is now over $3.26 trillion.
Conclusion
Bitcoin rebounds strongly above $93K after a sharp dip, Ethereum surges post-upgrade, and altcoins stay mixed as the total crypto market cap climbs past $3.26 trillion.
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