Bitcoin Rose to $93,000, Altcoins Remained Under Pressure.

Bitcoin Continues Its Rise

Bitcoin rose above $93,000 shortly after the closing of US stock markets on Thursday, making a recovery from a sharp sell-off it experienced in the morning. This significant rise coincided with the Nasdaq index recovering from its morning losses. The Nasdaq closed the day down only %0.25.

Market Pressures Are Decreasing

According to an analyst, the downward pressure on Bitcoin is weakening. However, there hasn’t been a complete relief in the markets. The analyst emphasized that investors should remain cautious at this stage.