Bitcoin (BTC) has maintained its position above the $91,000 mark, trading at $91,698.55 with a modest 0.25% increase over the past 24 hours, following a test of the $90,000 support level that held firm. This stability has eased recent bearish pressure, fostering cautious optimism among traders, although volatility persists with Bitcoin rebounding from a seven-month low of $89,000 recorded earlier.
WhiteBIT Token (WBT) emerged as a standout performer, surging 19.5% daily to $60.75, with additional gains of 11.7% over the week and 16.5% over fourteen days. This rally highlights growing investor interest in utility-driven exchange tokens, which offer benefits like reduced fees and staking rewards.
Other major altcoins showed mixed movements: Ethereum (ETH) rose 1.58% to $3,094.13, while Hyperliquid (HYPE) dropped 6.16% to $38.12, and Zcash (ZEC) gained nearly 9% to approach $620. The total cryptocurrency market cap recovered by $20 billion to $3.220 trillion, with Bitcoin's dominance slightly declining to 56.6%.
Market analysts note that capital is rotating toward assets with practical advantages, such as exchange tokens, rather than purely speculative plays, indicating a shift in trader strategy amid ongoing price fluctuations.
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