Bitcoin staged a tentative recovery after a wave of liquidations and selling, rising to about $87,900.
On November 21 the price fell to around $82,000. Major altcoins followed suit. Ethereum rose to $2,834 (+0.5%), XRP to $2.09 (+2.65%), and Solana to $133 (+2.5%). Total market capitalisation increased by 1%.
Analysts describe the move as a technical bounce. Vincent Liu, chief investment officer at Kronos Research, expects consolidation between $85,000 and $90,000. He noted thin liquidity and fragmented flows. Long-term holders continue to accumulate as the market looks for a footing.
