
Crypto market rebounds: Bitcoin at $84,000 as spot volume hits $75B
- —BTC $84,040 (+4.15%), ETH $2,702 (+4.38%), BNB $779.62 (+4.04%)
- —Spot volume at $75B, highest since February; futures at $336B
- —24-hour liquidations hit $743M, with $465.45M in shorts
- —XRP +6.71% to $1.47, SOL +5.5% to $114.17, NEAR +21% to $4.27
Why it matters: The rally is backed by rising spot and derivatives volumes rather than short squeezes alone, pointing to broader market participation.
Source: Cryptodnes