
Bitcoin has staged a notable rebound after several days of persistent selling pressure that drove it down to a local low near 62,500 dollars. The asset rallied by roughly 4,000 dollars from that bottom and briefly approached 66,500 dollars before encountering resistance. It is now holding above 65,000 dollars, up around 3 percent on the day. Market capitalization has climbed back above 1.3 trillion dollars, while Bitcoin’s dominance over altcoins has strengthened to more than 56 percent.
The recent volatility followed renewed macroeconomic uncertainty linked to fresh tariff measures ranging between 10 and 15 percent. Although Bitcoin initially remained stable, it dropped sharply once futures markets opened, falling below 64,500 dollars within an hour. After a short lived bounce, sellers pushed the price down again to a three week low before buyers regained control and drove the recovery.
Altcoins, which had also suffered steep losses in recent sessions, are now attempting to stabilize. Ethereum recovered from a dip to 1,800 dollars and is trading near 1,900 dollars. XRP has reclaimed the important 1.36 dollar support level, while BNB is edging closer to 600 dollars. TRX, DOGE, BCH, ADA, and HYPE are all posting gains on the day as sentiment improves slightly.
Among the larger market caps, Solana and Monero are leading the advance with gains of about 7 percent each. Solana has climbed to around 82 dollars, while Monero is trading above 335 dollars.
Smaller cap tokens are also seeing strong momentum. KITE has entered the top 100 cryptocurrencies after a 20 percent daily surge and an impressive 135 percent rise over the past month. MORPHO has followed with notable gains, while LEO and WLFI are also trending higher.
In total, the crypto market has added approximately 80 billion dollars in value over the past 24 hours, lifting overall capitalization to around 2.33 trillion dollars as buyers attempt to regain short term control.