Total capitalization of the Crypto Market (Totalcap) and Bitcoin (BTC) have registered a recovery in the last 24 hours after the US President (United States), Donald Trump, correcting the problem that caused yesterday’s fall, announcing a temporary break in 25% tariffs on Mexico. This positive change also impacted Altcoins, with Onyxcoin (XCN) rising 25% in the same period.
In today’s news (4):
- Microstrategy has ended its 12 -week sequence by buying Bitcoin without selling shares or using funds for new acquisitions. Despite the possibility of billionaire taxes on unchalemes, Michael Saylor took few clues about the company’s next steps amid the Volatility of Bitcoin caused by US tariffs and political instability.
- The state of Utah is leading efforts to establish a Bitcoin reserve in the US, according to Dennis Porter, CEO of Satoshi Action Fund. The state’s short legislative calendar and an active task force for digital assets are allowing quick advances in the project, with plans being developed in both programmed and extraordinary periods.
The Crypto Market recovers
Total capitalization of the crypto market has increased US $ 85 billion in the last 24 hours, reaching US $ 3.27 trillion. This rise movement indicates an effort to recover crucial support of $ 3.28 trillion. If successful, it can signal a continuous recovery of the market in the short term.
Consolidating US $ 3.28 trillion as support would allow market capitalization to continue its recovery, with the next target being US $ 3.49 trillion. Recovering this level would also reinforce the 200 -day exponential moving average (EMA), increasing investors’ confidence and sustaining a positive momentum in the crypto market.

However, if the capitalization of the crypto market cannot maintain $ 3.28 trillion as a support, it may face a retreat. A fall below this level can lead to total capitalization back to $ 3.16 trillion, interrupting recovery and potentially signaling new losses.
Bitcoin recovers
The price of Bitcoin rose to $ 100,930, maintaining above crucial support of $ 100,000 after an increase of 3.3% on the last day. This movement suggests short -term recovery, with the BTC demonstrating resilience despite market fluctuations, indicating a potential for new gains.
The BTC has successfully recovered EMA of 200 days as a support and now targets $ 105,000. Breaking this resistance would bring Bitcoin closer to its historical maxim of $ 109,588, an important milestone for cryptocurrency. If the high momentum continues, the BTC can go to a rally toward these levels.

On the other hand, Bitcoin now faces the challenge of maintaining support at $ 100,000. If the price drops below this level, the optimistic perspective can be invalidated, with the BTC possibly retreating to $ 95,668. The ability to sustain this support will be crucial to keeping the momentum high.
Onyxcoin presents good performance
The price of Onyxcoin (XCN) has risen 25% in the last 24 hours, becoming Altcoin with the best performance of the day. Despite the recent drop in the market, XCN has managed to stay above critical support of $ 0.0237, demonstrating resilience amid the turmoil of the market and bringing hope to possible new gains.
With the current momentum, XCN seeks a wider recovery and can break the resistance of $ 0.0500. If you can maintain your rise and investor’s confidence remains strong, Altcoin can start a significant rally, even in the face of market uncertainty.

However, XCN faces challenges due to the general conditions of the market. The points of the parabolic sar remain above the candlesticks, indicating low pressure. If the market drop continues, XCN can retreat to $ 0.0237 and possibly break it, invalidating the optimistic perspective for Altcoin.
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