Key Takeaways
- Crypto market added $156B in seven hours, led by a sharp rebound in altcoins.
- Bitcoin climbed back above $103K after falling below $100K earlier in the day.
The crypto market saw a sharp rebound on Friday, adding $156 billion in value within seven hours as altcoins led a powerful rally across the sector. Bitcoin recovered from early-morning lows under $100,000, climbing back above $103,000 by Friday afternoon.
Ethereum approached $3,500, Solana traded near $163, and a wave of alternative cryptocurrencies posted double-digit percentage gains over the past 24 hours. Altcoins alone added more than $81 billion in value, marking one of the strongest intraday moves in weeks.
The move comes after a stretch of downside pressure that affected both crypto and traditional equities. Friday’s recovery helped the digital asset market catch its breath after a week marked by risk-off sentiment, liquidations, and declining investor confidence across major sectors.
Source: https://cryptobriefing.com/crypto-market-surges-altcoins-lead-rally/
