Bitcoin Rebounds Above $90K Amid Strong Crypto Volatility
Bitcoin ended the U.S. trading session with a notable rise, currently trading at $90,225.5, marking an increase of +0.85% over the last 24 hours. The total crypto market capitalization has reached $1.80 trillion, with Bitcoin maintaining its dominance at 59.2%, while Ethereum holds the second position with a market share of 11.9%.
It is worth noting that based on today’s closing price, Bitcoin has declined by -7.47% over the last seven days, while Ethereum, the leading altcoin, has dropped by -9.99% during the same period. This decline reflects the market’s current volatility and cautious sentiment among traders, especially as investors wait for clearer directional signals.
Point Trader Group closely monitors these movements and believes this correction is part of a natural market cycle. The group also suggests that buying opportunities may return strongly if Bitcoin breaks key technical resistance levels.
Top Crypto Movers Today
1) Solana (SOL)
Current price: $130.854
Movement: +3.83%
2) Binance Coin (BNB)
Current price: $889.91
Movement: -0.13%
3) Ripple (XRP)
Current price: $1.9814
Movement: +4.92%
4) Dogecoin (DOGE)
Current price: $0.127738
Movement: +3.32%
5) Shiba Inu (SHIB)
Current price: $0.00000806
Movement: +4.14%
6) Cardano (ADA)
Current price: $0.3702
Movement: +5.48%
Point Trader Group emphasizes that altcoins remain highly sensitive to Bitcoin’s volatility, and investors should watch support and resistance levels before making trading decisions.
Bitcoin-Related Stocks Performance
Crypto price movements have directly impacted the performance of Bitcoin mining stocks and companies with high exposure to digital assets, including:
1) Coinbase Global Inc (COIN)
Closing price: $226.93
Performance: -0.3%
2) MicroStrategy (MSTR)
Closing price: $163.81
Performance: +2.2%
3) Marathon Digital Holdings (MARA)
Closing price: $10.56
Performance: +1.8%
4) PayPal (PYPL)
Closing price: $55.89
Performance: +1.5%
5) Block (SQ)
Closing price: $64
Performance: +2.2%
Point Trader Group notes that these stocks act as a strong indicator of crypto market sentiment, often rising or falling in direct correlation with Bitcoin’s price action. For traders looking to diversify, these equities can offer valuable exposure to the crypto cycle.
