Crypto Market Rebounds: Bitcoin Surpasses $87K, Ethereum and XRP Rally

The crypto market reversed its recent decline on Wednesday, bouncing back after digesting the effects of new U.S. tariffs on major trading partners. Bitcoin (BTC) led the charge, gaining 4% to reclaim the $87K level, while Ethereum (ETH), Solana (SOL), and XRP posted solid intraday gains between 4% and 7%. Investors welcomed the turnaround following heavy losses earlier in the week.

Bitcoin Recovers to $87K

BTC gained nearly 4% in the last 24 hours, now trading at $87,400 after moving between $81,529.24 and $88,911.27. Japanese tech firm Metaplanet’s acquisition of 497 BTC, worth $43.9 million, further bolstered confidence.

Ethereum Jumps 4%

ETH climbed 4% to $2,159, reaching highs of $2,220.36 and dipping as low as $1,996.77. Reports suggesting that Donald Trump holds over $500 million in ETH have sparked fresh optimism in the market.

XRP Surges 7%

XRP rose by nearly 7%, hitting $2.44. The coin fluctuated between $2.29 and $2.52, driven by significant whale accumulation of 1 billion XRP during the recent dip.

Solana Hits $142

SOL gained 5% to trade at $142, experiencing daily fluctuations between $131.57 and $146.40. The coin’s rally aligned with broader market sentiment.

Meme Coins Advance

Dogecoin (DOGE) saw a 4% rise to $0.1995, Shiba Inu (SHIB) followed with a 3% increase to $0.00001293, and Pepe Coin (PEPE) ticked up by 1% to $0.000006945.

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