Crypto Market Update: Bitcoin Hits $92K, Ethereum Above $3.3K

Generally, You should be aware that crypto market is Doing pretty well lately. Basically, Bitcoin has reclaimed $92,000 and Ethereum has surpassed $3,300. Currently, market sentiment is improving, with Fear and Greed Index rising to 26, which is A good sign.

Market Recovery Overview

Obviously, recovery of crypto market is underway, and You can see it by looking at Bitcoin and Ethereum prices. Usually, When Bitcoin and Ethereum are doing well, whole market is Doing well too. Apparently, Fear and Greed Index is still pretty low, but it’s Getting better.

AI‑Linked Tokens Lead Gains

Interestingly, AI-linked tokens are Leading the way with 4.46% surge, and tokens like FET, Worldcoin, and Virtuals Protocol are Doing really well. Normally, When AI-linked tokens are Doing well, it’s A good sign for whole market. Probably, Bitcoin has climbed 2.49% to reclaim $92,000 level, and Ethereum has rallied 6.21% to briefly push past $3,300.

Bitwise 10 Crypto Index ETF Launch

Today, Bitwise’s Bitwise 10 Crypto Index ETF (BITW) has started trading on NYSE Arca, and this is A big deal. Essentially, this ETF offers U.S. investors access to A market-cap-weighted basket of top ten digital assets. Usually, Bitcoin dominates this kind of funds, and in this case, it has 74.34% allocation, followed by Ethereum at 15.55% and XRP at 5.17%.

Conclusion

Finally, crypto market is Showing positive signs of recovery, and You should be aware of it. Generally, improved sentiment and significant gains in major cryptocurrencies are A good sign. Probably, launch of Bitwise’s BITW ETF on NYSE Arca will provide U.S. investors with A new way to access crypto market, and this is A big deal. Usually, when there are more ways to invest in crypto, it’s A good thing for whole market.