Bitcoin led the movement, rising more than 7% over the past 24 hours to approximately $92,900, increasing the total market capitalization to around $3.15 trillion, which represents a 7% daily growth.

The sharp recovery comes amid improving sentiment in the sector. The Fear and Greed Index rose to 22—still in the "fear zone," but significantly higher than the extreme fear levels seen earlier in the week. Trading activity remains high: Bitcoin alone recorded over $84.8 billion in volume over 24 hours—a sign that market participants are increasing exposure rather than waiting for further declines.
Broad Market Growth
Nearly all major assets participated in the rally.
Ethereum jumped 8.9% to $3,060, with a trading volume of over $29 billion.
XRP rose 9% to $2.20, returning the token to a short-term uptrend.
BNB climbed more than 8% to around $898, continuing its steady recovery.
Solana was among the strongest assets, rising 11.6% over 24 hours to $142, supported by nearly $7 billion in volume.
Stablecoins remained firmly pegged: USDT held at $1, but posted an exceptionally high daily volume of $126.6 billion—a sign of returning liquidity to the market.
Downtrend Breakout?
Analysts note a combination of short position liquidations, improved macroeconomic environment, and easier access to ETFs in the US as key drivers of today’s growth. The CMC20 index, tracking the leading large-cap crypto assets, rose 7.87%, confirming that the recovery is broad-based and not limited to just Bitcoin.
Technical indicators are also improving. The average crypto market RSI stands at 55.55, moving the market out of oversold territory and indicating growing momentum among leading assets.
What’s Next?
Traders are watching to see if Bitcoin can hold above $93,000—a key psychological level. A confident close above this zone could open the way to the next resistance cluster around $95,000, while failure to hold could lead to a retest of the upper boundary of the $80,000 range.
For now, market confidence is recovering, but with fragile sentiment and high leverage, volatility is likely to remain elevated in the coming sessions.