Crypto market surges by $156 billion in 7 hours
Crypto Briefing
The crypto market surged by $156 billion in seven hours, driven by Bitcoin's rebound above $103K and significant double-digit gains in altcoins.Summary
The cryptocurrency market experienced a sharp rebound on Friday, adding $156 billion in value over just seven hours, with altcoins spearheading the rally. Bitcoin recovered from early-day lows below $100,000 to trade above $103,000 by the afternoon. Major altcoins also saw substantial movement, with Ethereum nearing $3,500 and Solana trading around $163. Altcoins collectively added over $81 billion, marking one of the strongest intraday increases in weeks. This recovery followed a period of significant downside pressure across both crypto and traditional equities, offering a brief respite after a week characterized by risk-off sentiment and declining investor confidence.
(Source：Crypto Briefing)