Bitcoin Rises to $93,000, Altcoins Remain Under Pressure

Bitcoin Continues Its Rise

Bitcoin surged above $93,000 right after the closure of U.S. markets on Thursday, making a comeback from a sharp sell-off it experienced in the morning. This significant rise coincided with the Nasdaq index recovering from its morning losses. By the end of the day, the Nasdaq closed with only a %0.25 loss.

Market Pressure Easing

According to an analyst, the downward pressure on Bitcoin is weakening. However, a full-scale relief in the markets has not been achieved yet. The analyst emphasized that investors should remain cautious at this stage.