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Crypto Market Recovers as Bitcoin Reclaims $90K
Crypto prices showed a strong recovery today, led by Bitcoin reclaiming the $90,000 mark amid rising volumes and improving market sentiment. According to CoinMarketCap data, the broader market turned positive as investors reacted to macro-driven optimism, while keeping a close watch on central bank signals and global liquidity risks.
Bitcoin Leads the Rally
Bitcoin ($BTC ) is trading at $90,015.78, up 2.79% in the last 24 hours, with a weekly gain of 1.33%. The leading cryptocurrency now commands a market capitalization of $1.79 trillion. Analysts at CoinSwitch attributed the move to a short squeeze after consolidation, with thin liquidity amplifying upside momentum and steady spot buying pushing BTC above key resistance levels.

Ethereum and Major Altcoins Gain
Ethereum ($ETH ) climbed 3.31% to $3,033.84, with a market cap of $366 billion, signaling renewed investor confidence. Solana (SOL) emerged as one of the top gainers, rising 3.54% to $128.26. XRP advanced 2.03% to $1.91, while BNB jumped 3.04% to $867.80.
Dogecoin ($DOGE ) increased 2.68% to $0.1272, Cardano (ADA) rose 2.70% to $0.3797, and TRON (TRX) posted a modest 0.49% gain at $0.2849.
Stablecoins Remain Flat
Stablecoins remained steady, with USDT trading at $0.9990 and USDC at $0.9998, while USDT recorded strong daily volume of $61.88 billion.
Overall, the market rebound reflects improving short term sentiment, though traders remain cautious around key resistance levels and broader macroeconomic developments.

$BTC Bitcoin briefly experienced a sharp price dislocation on Binance’s $BTC /$USD1 trading pair late Wednesday, momentarily printing near $24,111 before quickly rebounding above $87,000. The move was isolated to the USD1 pair and was not observed across other major BTC markets.
Such short-lived “wicks” are typically caused by thin liquidity, particularly in newer or less-traded stablecoin pairs. A large order, liquidation, or automated trade can temporarily sweep the order book, pushing prices away from broader market levels until liquidity returns.
While visually dramatic, these events are generally considered microstructure anomalies rather than indicators of broader market direction, highlighting the importance of liquidity depth when trading emerging pairs.
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