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

Ethereum (ETH) Reclaims $3K Level, Bitcoin (BTC) Nears $90K: Market Watch

2025/12/22 19:16

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.

Its market capitalization has risen to almost $1.8 trillion on CG, while its dominance over the alts has increased to 57.5%.

BTCUSD Dec 22. Source: TradingView

ETH Above $3K

Ethereum dumped to $2,800 during the most recent correction last week, but it reacted well and quickly reclaimed the $2,900 mark. After a few unsuccessful attempts to surge past $3,000, it managed to do so earlier today.

Binance Coin has increased by a similar percentage since yesterday and sits well above $860. SOL, TRX, DOGE, LINK, and ZEC are also slightly in the green, while HYPE has jumped by 4%. NIGHT continues its run and has soared by 13% to $0.10.

AAVE and CC have dumped the most over the past 24 hours. The former has slumped by 11%, while the latter is down by 21%.

The total crypto market cap has risen by $30 billion in a day and is up to $3.120 trillion on CG.

Cryptocurrency Market Overview Dec 22 Daily. Source: QuantifyCrypto

The post Ethereum (ETH) Reclaims $3K Level, Bitcoin (BTC) Nears $90K: Market Watch appeared first on CryptoPotato.

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