Tag: cryptocurrency market

Bitcoin surges to $96,000 and Ethereum holds above $3,300 as easing U.S. inflation and optimism over the CLARITY Act boost cryptocurrency markets, signaling improved investor sentiment.

Bitcoin briefly dropped below $99,000 amid a massive selloff in the cryptocurrency market, which has seen over $1 trillion wiped out since early October. Ethereum and most major coins also faced steep losses, while a few new tokens defied the trend. Analysts say a recovery depends on renewed institutional inflows rather than traditional halving cycles.