Why’s the Crypto Market Up Today as Bitcoin Attempts $90K Once More
Bitcoin Market Rebound After Weekly Decline
The total crypto market is up 1.98% over the past 24 hours, reversing a 7-day decline of 2.64%. The bounce comes after several days of cautious trading driven by macro uncertainty and profit-taking following October highs.
Bitcoin is setting the tone for the recovery, with buyers stepping in aggressively after yesterday’s dip. Specifically, Bitcoin is up 1.59% in the past 24 hours, trading around $88,346 at the time of writing. The asset briefly touched $89,339 today after falling to $84,500 yesterday.
The rebound suggests buyers are defending key levels after a week of steady declines.
BTCUSDT
Perp
88,208.1
-0.19%
SOLUSDT
Perp
125.08
-1.27%