Ethereum Regains $3K Level, Bitcoin Close to $90K

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NIGHT is on the run again, while CC has dumped hard over the past 24 hours.

Bitcoin’s price has finally shown more sustainable signs of a minor recovery as the asset neared $90,000 for the first time since the pump-and-dump last Wednesday.

Most larger-cap altcoins have charted small gains as well, with ETH reclaiming the coveted $3,000 line, while BNB has remained firm above $860.

BTC Eyes $90K Rebound
The previous business week didn’t disappoint those who anticipated a volatile trading period, as BTC dumped by several grand on Monday from $90,000 to under $85,500. It skyrocketed on Wednesday back to just over $90,000, where it was immediately rejected and driven south to under $85,500 once again.

More fluctuations came on Thursday when the US CPI numbers came out. As they were much better than expected, BTC jumped immediately but was stopped at $89,500, and the subsequent rejection was quite painful. The asset plunged to $84,500 to mark a multi-week low.

The bulls finally stepped up at this point and helped BTC recover to $88,000, where it spent most of the next few days. The weekend was quite uneventful as well, and bitcoin started to climb gradually on Monday morning, nearing $90,000 for the first time in several days.


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