Crypto Prices Surge: Bitcoin Hits $87K as Market Recovers from Recent Slump
Wednesday marked a turnaround for the cryptocurrency market as traders shrugged off fears stemming from the latest U.S. trade policies. Bitcoin (BTC) bounced back by 4%, crossing the $87K level, while Ethereum (ETH), XRP, and Solana (SOL) also posted strong gains between 4% and 7%. The rebound fueled optimism after a period of intense volatility.
Bitcoin Reclaims $87K
Bitcoin climbed nearly 4% over the past 24 hours, currently trading at $87,400. The asset fluctuated between $81,529.24 and $88,911.27. A notable driver behind BTC’s rise was Japanese company Metaplanet’s purchase of 497 BTC, valued at $43.9 million.
Ethereum Gains 4%
ETH experienced a 4% jump, trading at $2,159, with a range between $1,996.77 and $2,220.36. Market sentiment remained positive as reports surfaced that President Trump holds over $500 million worth of ETH.
XRP Jumps 7%
XRP advanced by 7% to $2.44 after bottoming out at $2.29 and peaking at $2.52. The surge came as whales accumulated 1 billion XRP coins amid a recent market dip.
Solana Crosses $140
Solana (SOL) climbed 5% to $142, with price swings between $131.57 and $146.40. Its rise aligned with broader market momentum.
Meme Coins Edge Higher
DOGE increased by 4% to $0.1995, SHIB rose 3% to $0.00001293, and PEPE ticked up by 1% to $0.000006945.
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