Bitcoin Leads Crypto Recovery as It Trades Above $92,000

Cryptocurrency markets saw a partial recovery toward the end of the week, as Bitcoin recorded gains supported by rising demand for U.S.-listed Bitcoin exchange-traded funds.

The rebound follows a sharp selloff that weighed heavily on the crypto market in recent days.

Recent data showed that U.S.

Bitcoin ETFs attracted inflows of approximately $237.44 million in the week ending December 11, helping restore investor confidence and ease selling pressure across digital assets.

Bitcoin climbed about 1% to trade near $92,391, recovering from steep losses in the previous session amid continued risk aversion among investors.

Crypto Market Volatility

The limited rebound came despite the U.S.

Federal Reserve cutting interest rates by 25 basis points at its latest meeting, a move that was expected to support risk assets.

However, the crypto market initially deepened its losses before showing signs of stabilization.

Bitcoin Dominance and Altcoin Performance

Bitcoin remains the world’s largest cryptocurrency by market capitalization, accounting for around 58.7% of the total crypto market value, underscoring its dominant role in shaping market trends.

Among other digital assets, Ethereum rose 0.64% to $3,235.4 after dropping more than 5% in the previous session, while Ripple extended modest losses, slipping about 0.16% to trade near $2.0399.