Bitcoin (BTC) has risen roughly 1.2% in the last 24 hours, reaching around $88,800. Throughout the day, BTC fluctuated between $89,191 and $85,416, reflecting continued uncertainty in global risk appetite and trade conditions. Despite the recent pullback, BTC is still trading close to a key support region.
Ethereum (ETH) has gained approximately 4.4% over the past 24 hours, moving around $2,960, with intraday price action ranging between $2,980 and $2,765. Although interest in Layer-2 ecosystems remains strong, broader market weakness continues to weigh on ETH. Overall, the crypto market displays a cautious tone, and both BTC and ETH may experience choppy short-term movements.
Amazon announced a $50 billion investment in AI and supercomputing, positively influencing the crypto mining and high-performance computing sectors.
Market recovery signals emerged as Bitcoin surpassed $89,000 and altcoins such as XRP and SUI posted strong gains supported by macro expectations.
The RBI Governor labeled crypto and stablecoins as “high-risk”, stating that India is primarily focused on CBDC development.
The UK Serious Fraud Office is investigating a $28 million crypto fraud case, highlighting increased regulatory scrutiny.

In the current chart, ETH has broken decisively below the purple supply zone, transforming it into a clear supply–retest region. The sharp decline brought the price directly into the turquoise demand zone.
A short-term consolidation within this demand area is likely.
If the price holds above the turquoise zone, a corrective rise toward the $91,000–$95,000 range may follow.
However, a sustained candle close below this zone would increase the likelihood of the structure extending toward the main demand area near $74,000.
From a neutral perspective, price action is currently seeking directional confirmation between these two major zones.
This content is not investment advice.