Crypto Prices Today: Bitcoin rebounds to $94.8K; Dogecoin, Hedera surge over 3%
Crypto prices are showing signs of recovery today, after a sudden drop on Monday, ahead of the US Consumer Price Index (CPI) report due on Wednesday. Bitcoin, which had fallen to $89K, a level it hadn’t seen in 24 days, has rebounded strongly.
As of 11:00 am IST, Bitcoin was trading at $94,856, up 1.2%, after hitting an intraday low of $89,260. Ethereum slipped 0.9% to $3,174. Meanwhile, the global crypto market cap saw a 1% rise, reaching $3.29 trillion.
“Bitcoin found strong support at $89,200 and quickly rebounded to $94,800. While investor caution ahead of key economic data triggered an initial dip, the market recovered swiftly after reports of former President Trump planning crypto-friendly executive orders,” said Edul Patel, CEO…
