Crypto Market Stabilises at $2.87 Trillion with Bitcoin Holding Steady

The crypto market has stabilized at $2.87 trillion after showing low volatility in recent days. Bitcoin (BTC) is holding steady around $82.5K-$84K, while Ethereum (ETH) has climbed above $2.7K and is making a second attempt to reach the $2.8K, $3.3K range.

The strengthening US dollar and uncertainty in equity markets are contributing to the market's unease, but Tom Lee, Chairman of Bitmine, believes that tokenisation of assets and the development of AI agents could become key drivers of growth in the next cycle.

Bitmine has been buying Bitcoin for the second week running, purchasing 1,666 BTC at an average price of $85.7K per coin. The company now holds 847,666 BTC, with an average price of $75.4K per Bitcoin.