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Bitcoin rebounds, closing in on $90K milestone
Business
Bitcoin just bounced back from a seven-month low and is now trading close to $88,000—a 2% jump in the last day.
Ethereum is also up by 4%.
This mini rally has nudged the global crypto market cap up to $3 trillion.
Altcoins join the upswing
Altcoins are riding the wave too: XRP surged 9%, BNB climbed 3%, Cardano rose 4%, and Solana, Dogecoin, and Hyperliquid posted gains of up to 5%.
According to CoinSwitch Markets Desk, upbeat US markets and better U.S.-China relations are fueling this momentum.
Meanwhile, everyone's watching to see if Bitcoin can finally break past that tough $90K barrier.