Bitcoin Bounces Back Towards $78K as Softer Dollar Boosts Market

Bitcoin's price has recovered towards $78,000 after falling to $76,200 on Wednesday, its lowest level in 10 days. The recovery was fueled by a softer U.S. dollar and calmer broader markets, which helped stabilize sentiment after the selloff.

PONS surged 30.85% in 24 hours to $0.50, extending the Robinhood Chain rally with record ARB open interest. ARB jumped 16.77% for a third consecutive session, pushing its market capitalization above $916 million.

U.S. spot Bitcoin ETFs posted a second straight outflow, but higher-strike $82,000 and $84,000 calls still led Deribit options volume, preserving a bullish bias. The total crypto market capitalization added about $20 billion to reach $2.62 trillion, with Bitcoin's dominance over altcoins remaining at 59.6%.