Crypto Market Rebounds as Bitcoin Rises to $88,247 and Altcoins Surge

Crypto markets rebounded as Bitcoin hit $88,247 and major altcoins rallied. Fed rate-cut expectations and ETF inflows lifted sentiment across assets.

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Crypto Market Rebounds as Bitcoin Rises to $88,247 and Altcoins Surge

Crypto Market Rebounds as Bitcoin Rises to $88,247 and Altcoins Surge
Crypto markets strengthened on improved macro sentiment, with Bitcoin climbing 1.36% to $88,247 as total crypto market capitalization reached $3.03 trillion, up 2.48%. Ethereum rose 2.78% to $2,931, Solana advanced 5.04% to $138.39, and XRP led major altcoins with an 8.51% jump to $2.24. Fed rate cut expectations at 85% boosted risk appetite, while institutional ETF inflows increased for ETH and SOL. 
Tags:
  • crypto
  • bitcoin