Bitcoin has rebounded above $93,000, recovering from recent losses that led to nearly $500 million in liquidations earlier this week. The cryptocurrency's resurgence comes amid a broader market recovery, with Solana (SOL) and Cardano (ADA) each climbing over 12%. Ether (ETH) and XRP also experienced notable gains.
The market's rebound follows a sharp sell-off influenced by thin liquidity and macroeconomic concerns. Despite the recovery, market sentiment remains cautious as investors navigate ongoing volatility.
Bitcoin Surpasses $93,000 as Solana and Cardano Rally 12%
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
