Bitcoin led the movement, rising over 7% in the past 24 hours to around $92,900, pushing the total market capitalization to approximately $3.15 trillion, a 7% increase in a day.

The sharp rebound comes amid improving sentiment in the sector. The Fear and Greed Index rose to 22, still in the "fear" zone, but significantly above the extreme fear levels from the start of the week. Trading activity remains high, with Bitcoin alone recording over $84.8 billion in 24-hour volume—a sign that market participants are adding exposure rather than waiting for the next dip.
Broad Market Strengthening
Almost all leading assets participated in the rally.
Ethereum jumped 8.9% to $3,060, with over $29 billion in trading volume.
XRP rose 9% to $2.20, bringing the token back into a short-term uptrend.
BNB climbed over 8% to around $898, continuing its steady recovery.
Solana was among the strongest assets, rising 11.6% in 24 hours to $142, supported by nearly $7 billion in volume.
Stablecoins remained firmly pegged, with USDT holding $1 but reporting an exceptionally high $126.6 billion daily volume—a sign of returning market liquidity.
Break of the Downtrend?
Market analysts point to a combination of short liquidations, an improving macro environment, and easier access to ETFs in the US as the main drivers of today’s rally. The CMC20 index, which tracks the leading large crypto assets, rose 7.87%, confirming that the recovery is broad and not limited to Bitcoin alone.
Technical indicators are also improving. The average crypto market RSI is 55.55, moving the market out of the oversold zone and suggesting strengthening momentum among leading assets.
What’s Next?
Traders are watching whether Bitcoin can hold levels above $93,000, a key psychological threshold. A convincing close above this zone could open the way to the next resistance cluster around $95,000, while failure to hold may lead to another test of the upper range at $80,000.
For now, market confidence is recovering, but with fragile sentiment and high leverage levels, volatility is likely to remain elevated in the coming sessions.