The cryptocurrency market staged a broad recovery during the 24-hour period as major assets erased recent losses, with XRP, Dogecoin, and Zcash leading large-cap altcoin gains. According to CoinGecko data, Bitcoin rose 1.4% to $81,621.65, backed by roughly $23.95 billion in trading volume and a market capitalization near $1.64 trillion. Ethereum advanced 3.3% to $2,664.10, while BNB gained 2.8% to $772.87 and Solana added 3.1% to $112.29.
Among the strongest performers, Dogecoin climbed 4.3% to $0.08928, while XRP increased 3.9% to $1.44 and Zcash rose 3.9% to $1,506.53. TRON posted a smaller 0.8% gain to $0.3429, and Hyperliquid advanced 3.2% to $94.09. Lower-ranked tokens produced even larger percentage moves, with Orbio.so up 107.2%, ZZZ up 73.4%, ZetaChain up 58.8%, and several others rising between 39% and 50%. These moves came with elevated volatility and trading risks tied to thinner liquidity.
The recovery also surprised many traders after the Clarity Act failed to pass. Instead of a prolonged sell-off, Bitcoin held the $75,000 support zone, bounced about 7%, and moved back above $80,000; Ethereum held $2,350 and rebounded roughly 10% to trade above $2,550. The total altcoin market capitalization surpassed $225 billion for the first time in eight months, while the overall crypto market cap held $2.5 trillion and added approximately $200 billion from its recent low. NEAR Protocol was highlighted as a standout, having surged more than 120% over 30 days, including an 80% move in the last seven days.
Despite the bounce, analysts cautioned that confirmation is still needed. For Bitcoin, a weekly close above the 50-week moving average at $78,760 and a break above $83,000 would strengthen the bullish case, while Ethereum needs to hold above $2,600. Until those levels are secured, the move may be considered a strong bounce rather than a confirmed bull market reversal. The recovery occurred as the Federal Reserve hiked rates and oil prices remained elevated, adding to the broader macro uncertainty.
