Crypto Price Today: Bitcoin Reclaims $90,000, Ethereum Surges Toward $3,100

Crypto Price Today: Bitcoin Reclaims $90,000, Ethereum Approaching $3,100 as Global Market Cap Stands at $3.14 trillion
Crypto Price Today: Bitcoin Reclaims $90,000, Ethereum Surges Toward $3,100
Published on

As of today, the total cryptocurrency market capitalization has climbed to $3.14 trillion, marking a strong 6.74% rise in the last 24 hours. The sharp bounce reflects renewed optimism as global liquidity improves, macro indicators stabilize, and institutional demand strengthens across major crypto assets.

Momentum remains firmly bullish, supported by higher risk appetite, renewed ETF inflows, and rising developer activity across top blockchain ecosystems.

Bitcoin (BTC): Reclaims $90,000 With Strong Momentum

Bitcoin is currently trading at $93,115, gaining 7.03% over the past 24 hours. BTC has broken back above the $90,000 mark, with immediate resistance now seen near $96,500, while strong support is positioned at $89,100.

Institutional accumulation remains strong as long-term holders continue to withdraw BTC from exchanges. Exchange balances hit a new multi-year low today, reducing potential sell pressure. Miner activity continues to stay healthy, supported by stable hash rate growth and rising transaction fees.

Analysts note that if BTC sustains above the $89,000-$90,000 support zone, the next major target lies at $93,500, especially if liquidity continues to rotate into spot ETFs and derivatives markets.

Ethereum (ETH): Approaching $3,100 

Ethereum is trading at $3,058, up 8.95% in the last 24 hours. ETH is showing signs of strength with immediate resistance at $3,150, while support sits around $3,020.

Layer-2 ecosystems such as Arbitrum, Base, and Linea saw a noticeable increase in user transactions and bridge flows. Staking deposits also rose this week, strengthening Ethereum’s supply dynamics as more ETH exits circulation.

Institutional interest in ETH options and structured products continues to grow, signaling increased confidence ahead of major ecosystem upgrades planned for early 2026.

Altcoins:

Avalanche (AVAX)

AVAX is trading at $13.87, up 7.55% in the last 24 hours. Immediate resistance is seen at $14.20, while key support lies around $13.40. 

Avalanche continues gaining traction in real-world asset tokenization and high-speed DeFi applications.

XRP (Ripple’s Native Token)

XRP is trading at $2.19, up 8.72% in the last 24 hours. The asset now faces immediate resistance near $2.25, while key support is positioned around $2.12. 

Ripple’s expanding cross-border payment infrastructure continues to enhance network adoption.

Additionally, rising liquidity on major exchanges has boosted trading volumes, reflecting stronger market participation.

Toncoin (TON)

TON is trading at $1.60, up 6.66% in the last 24 hours. Immediate resistance is now seen near $1.67, while strong support lies around $1.54. 

The ongoing expansion of the Telegram ecosystem continues to drive TON’s user growth and on-chain activity. Moreover, increasing liquidity across TON-based DeFi platforms is attracting new participants and strengthening overall network momentum.

Sui (SUI)

SUI is trading at $1.72, up 26.90% in the last 24 hours. The token faces immediate resistance near $1.78, while key support is positioned around $1.66. 

Rising activity in gaming and high-performance app development continues to strengthen the Sui ecosystem. Additionally, increasing liquidity on Sui-based DEXs has boosted user participation and accelerated ecosystem growth.

Memecoins:

Floki (FLOKI)

FLOKI is trading at $0.00004815, up 11.18% in the last 24 hours. The token faces immediate resistance near $0.00004960, while strong support lies around $0.00004690. 

FLOKI remains buoyed by strong community engagement and ongoing ecosystem expansion efforts.

Bonk (BONK)

BONK is trading at $0.000009869, up 13.02% in the last 24 hours. Immediate resistance is now seen around $0.00001020, while key support lies near $0.00000955. 

BONK remains the most active memecoin on the Solana network, supported by strong retail participation and rising on-chain liquidity.

Market Outlook

The 6.74% jump in total market capitalization signals widespread optimism returning to crypto markets. BTC and ETH both hold above key support zones, showing strong structural resilience.

If Bitcoin breaks above resistance and Ethereum clears $3,150, analysts expect a renewed wave of bullish momentum across the market.

Despite short-term volatility, the broader trend remains positive, driven by expanding developer ecosystems, deepening liquidity, and consistent institutional participation.

ICO Desk | Crypto News
icodesk.io