The cryptocurrency market surges, with Bitcoin breaking through $91,000, Ethereum and XRP rising, pushing the total market capitalization above $3.2 trillion. This rebound occurred during the traditional market close, with over $130 million in short positions liquidated, increasing buying pressure. Broader economic optimism and the steady rise of altcoins fueled the upward trend, although the upcoming meeting will test sustainability as trading volume remains modest.
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The cryptocurrency market surges, with Bitcoin breaking through $91,000, Ethereum and XRP rising, pushing the total market capitalization above $3.2 trillion. This rebound occurred during the traditional market close, with over $130 million in short positions liquidated, increasing buying pressure. Broader economic optimism and the steady rise of altcoins fueled the upward trend, although the upcoming meeting will test sustainability as trading volume remains modest.