Bitcoin managed to rebound from the recent seven-month low beneath $90,000, but its progress was halted at $94,000 yesterday.

Some of the most volatile larger-cap alts are ZEC ($626.94) and HYPE ($38.08). The former has resumed its rally with another 9% surge, while HYPE has plunged by more than 6%.

BTC ($91,418.00) Settles at $91.5K

The primary cryptocurrency has been on an evident downfall since early October, which only worsened at the start of November. Just last week, the asset tapped $107,000 after some positive developments in the US, but was rejected and driven south hard in the following days.

By Thursday evening, it was below $100,000 once again, and it plummeted to $94,000 on Friday afternoon. After a brief recovery attempt during the weekend, the bears were back in control and drove it further south.

This time, the $90,000 support cracked and BTC dropped to $89,000 for the first time since April, marking a seven-month low. The bulls finally stepped up at this point and helped bitcoin bounce off to almost $94,000 yesterday.

Another rejection followed, and BTC tested the $90,000 line again, which held this time. As of now, the asset stands about a grand and a half higher, with a market cap of $1.830 trillion. Its dominance over the alts has taken another hit and is down 56.6% on CG.

BTCUSD. Source: TradingView

ZEC, WBT ($60.67) Up

Most larger-cap alts have produced minor moves over the past day. ETH ($3,075.17), DOGE ($0.16), SOL ($137.75), BCH ($491.43), and BNB ($919.47) are slightly in the green, while XRP ($2.13), TRX ($0.29), ADA ($0.47), and LINK ($13.36) are with insignificant losses. HYPE and XMR ($380.14) have lost the most value from the larger-cap alts, with losses of up to 6-7%.

In contrast, ZEC has risen by almost 9% and trades close to $620 once again. CRO ($0.11) is up by 7%, while WBT has surged by 18% to $60. STRK ($0.24) has reentered the top 100 alts by market cap after a 24% surge.

The total crypto market cap has recovered $20 billion in a day and is up to $3.220 trillion on CG.

Cryptocurrency Market Overview Daily. Source: QuantifyCrypto

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