“After plunging below $90,000 overnight, BTC has regained the $93,000 level in US morning action.”, — write: www.coindesk.com
Just ahead of the noon hour on the east coast, bitcoin BTC$93,288.58 has risen to $93,500 after tumbling below $90,000 at one point overnight, ahead 1% over the past 24 hours. The upward and to the right chart action is coming even as stocks continue their recent struggles, led by the Nasdaq’s 1.1% decline. Gold is also posting losses on Tuesday, down 0.3%.
The moves in altcoins are more dramatic, with ether ETH$3,134.71solana (XRP), BNB BNB$933.51 and XRP$2.2201 sporting 2.5%-4% advances.
For now, the outperformance is only a multi-hour event, let alone multi-day. Yet, given what’s seemed like months of crypto’s weakness relative to stocks and gold, the action could give hope to battered bulls.
Read more: ‘Negative Skew’: What It Is, Why It’s Frustrating Bitcoin Bulls, and Why It Might Mean a Bottom is Near
A check of crypto-related shares finds most in the green, also defying the slump in the broader stock market.
Leading is Strategy (MSTR), bouncing 8.3% Tuesday after tumbling more than 30% over the previous month. Other gainers in the digital asset treasury sector include ETH-focused Bitmine Immersion (BMNR), ahead 7% after losing 40% over the previous month. Coinbase (COIN), Circle (CRCL) and Bullish (BLSH) are all ahead about 1.5%.
Read more: Bitcoin Sell-Off Likely ‘Complete’, Rally Into Year-End Still in Play: StanChart Analyst
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence’s Token Security API averaged 717 million monthly calls year-to-date in 2025, with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch, the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B, while derivatives volume peaked the same month at over $4B.
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Standard Chartered’s Geoffrey Kendrick says bitcoin’s steep decline is part of a recurring pattern, with a rebound into year-end in his base case.
- Bitcoin’s recent sell-off may be nearing its end, according to Geoffrey Kendrick of Standard Chartered, who sees the current pullback as the third major 30% correction since last year’s introduction of spot bitcoin ETFs in the US
- Key market indicators, including MicroStrategy’s modified NAV, have dropped to zero, suggesting seller exhaustion.
- Year-end rally remains his base case, the analyst said.
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