Bitcoin Reclaims $92,000 Level; Ethereum, XRP, Dogecoin Also Gain: Analytics Firm Says Retail Crowd Has Moved From Fear To Greed
Leading cryptocurrencies recovered alongside stocks on Tuesday, as investors bought the latest dip.
| Cryptocurrency | Gains +/- | Price (Recorded at 8:20 p.m. ET) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | +6.02% | $91,890.38 |
| Ethereum (CRYPTO: ETH) |
+7.52% | $3,011.89 |
| XRP (CRYPTO: XRP) | +6.50% | $2.15 |
| Solana (CRYPTO: SOL) | +8.62% | $138.27 |
| Dogecoin (CRYPTO: DOGE) | +7.60% | $0.1462 |
Crypto Sentiment Improves
Bitcoin staged a relief rally, pushing past $92,000, after Monday’s downfall.
The apex crypto’s rebound had an impact on the rest of the market, with Ethereum surging over 3% to break past the crucial $3,000 resistance level. XRP and Dogecoin also recouped their losses.
Cryptocurrency-tied stocks such as Strategy Inc. (NASDAQ:MSTR) and Bitmine Immersion Technologies Inc. (NYSE:BMNR) rallied sharply, gaining 5.78% and 10.26%, respectively, during the regular trading session.
Benzinga Edge delivers real-time stock alerts, trade ideas, and professional investing tools to help you navigate the market. Find out more about MSTR and BMNR here.
Over $300 million in bearish short positions were wiped out from the cryptocurrency market over the last 24 hours, according to …
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