Bitcoin (BTC) Price News: Surges Above $91K as ETH, XRP, SOL Rebound

Bitcoin surged back above $90,000, trading near $91,180 and gaining 8% in 24 hours, leading a broader market rebound that saw Ethereum, XRP, and Solana also gain between 7% and 10% from recent lows. This positive momentum coincided with major institutional developments: Vanguard is now allowing clients access to digital asset ETFs, and Bank of America has permitted wealth managers to recommend a 1%–4% allocation to spot bitcoin ETFs. Despite this, analyst Mark Connors warned that a rise in Japan’s 10-year yield could negatively impact crypto, especially Bitcoin, due to its proximity to Asian capital flows and leverage exposure via platforms like Binance. Conversely, derivatives market analysis from Wintermute suggests strong support around the $80,000–$85,000 level, indicating traders are positioned for a recovery despite near-term pressures.

(Source：CoinDesk)