Crypto Markets Stabilize as Bitcoin Reclaims $92K Amid Broad Rally
Market sentiment edged toward recovery as Bitcoin gained 2.49% to $92,000 and ethereum surged 6.21% past $3,300. The Fear and Greed Index rose to 26, exiting 'extreme fear' territory.
AI-linked tokens outperformed with a 4.46% sector gain. Fetch.ai (FET) led at +9.6%, followed by Worldcoin (WLD) and Virtuals Protocol (VIRT). Layer 2s, DeFi, and meme coins mirrored the uptick.
Liquidity rebounded across major exchanges including Binance and Coinbase, though derivatives volume remained subdued. Traders noted short-covering in altcoins after last week’s liquidation cascade.