Bitcoin climbed sharply in the last 24 hours, trading at $91,952.91, up 1.61% on the day, according to market data displayed on CoinMarketCap. The move reinforces a broader bullish tone in crypto markets as traders continue to bet on further upside for the world’s largest digital asset.
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The rally pushed Bitcoin’s market capitalization to $1.83 trillion, while 24-hour trading volume jumped to $74.31 billion, a surge of more than 134%, signaling heightened investor activity and renewed interest from both retail and institutional participants.
Strong Market Metrics
Bitcoin’s supply metrics remain largely unchanged, with 19.97 million BTC in circulation out of a maximum supply of 21 million. The fully diluted valuation (FDV) stands at approximately $1.93 trillion, reflecting the asset’s scarcity-driven appeal.
The volume-to-market-cap ratio sits at 2.13%, suggesting healthy liquidity as prices trend higher.
Intraday Momentum Holds Firm
The 24-hour price chart shows Bitcoin recovering from an early dip near the $90,800 level before steadily climbing through the Asian and European trading sessions. Prices briefly tested resistance above $92,000 before consolidating just below that mark, indicating buyers remain in control despite short-term profit-taking.
Community Turns Overwhelmingly Bullish
Investor sentiment is notably optimistic. CoinMarketCap’s community sentiment tracker shows 81% bullish votes versus 19% bearish, reflecting confidence that the rally still has room to run.
Adding to the optimism, trending discussions highlight expectations of continued institutional accumulation and long-term cycle-driven gains, with some analysts already debating whether the next major market inflection point could occur in 2026.
Outlook
While volatility remains a defining feature of Bitcoin, the combination of rising volume, strong sentiment, and sustained price levels above $90,000 suggests the current uptrend is firmly intact. Market participants will now be watching closely to see whether Bitcoin can decisively break above the $92,000–$93,000 resistance zone in the days ahead.
For now, Bitcoin’s latest move underscores its resilience—and its continued role at the center of the global crypto market.
Disclaimer: This content is for informational purposes only and does not constitute professional financial, legal, or tax advice. Please consult with a certified financial planner before making significant investment decisions
