The cryptocurrency market jumped 3.7 percent on Thursday as a rebound in risk appetite sent major tokens and sector indexes sharply higher.
Bitcoin rallied nearly 5 percent to break above US$91,000 its strongest level in weeks after a spell of subdued trading. Traders pointed to improving sentiment, renewed institutional liquidity and broader momentum across risk assets.
Ethereum climbed more than 4 percent to reclaim the US$3,000 mark for the first time in almost a week, helping restore confidence after last week’s sell-off.
Gains were broad-based. The Real-World Asset index rose 4 percent, lifted by Pendle, Sky and Ondo, while layer-2 tokens logged some of the day’s biggest moves, with Merlin Chain soaring over 130 percent on heavy volumes.
CeFi, DeFi and meme coins also edged higher, and Dash jumped 17 percent after a spot listing on OKX.
The rally coincided with fresh inflows into digital asset ETFs. Ethereum spot ETFs attracted US$60.82 million on November 26, extending their four-day streak, while bitcoin ETFs added US$21.12 million. XRP funds drew US$21.81 million in inflows, though Solana ETFs saw an US$8.1 million outflow.
Crypto Market Update: Bitcoin slides below $98K amid US$1.1B liquidations
