Crypto Market Sees Stabilisation at $2.87 Trillion, Bitcoin Finds Key Support

The cryptocurrency market has stabilized at around $2.87 trillion, with Bitcoin holding steady between $82.5K and $84K, while Ethereum continues to rise above $2.7K.

Tokenization and AI could be the driving forces behind the next growth cycle in the crypto market, according to Tom Lee, Chairman of Bitmine.

Bitcoin has found key support on dips to $82.5K, having risen to $84K, and is back within its stabilisation range from last week's lows near $2.83 trillion.

Ethereum has been steadily rising for the seventh consecutive week, avoiding a deep correction and climbing above $2.7K, down from last week's high of $2.8K.