Bitcoin Ricochets Around $93K at Pivotal Point; Circle, Gemini Lead Crypto Stock Rebound

Bitcoin (BTC) erased its dip to $91,800 on Wednesday morning and climbed back to near $93,000 in the afternoon hours, but its rapid 10% run in two days is now facing a key test. The largest crypto's ascent from the $84,000 lows on Monday appears to be stalling near a key technical level: the 2025 yearly open at $93,400. That price zone is now acting as resistance that bulls will need to convincingly reclaim for the rally to continue higher. Ethereum's ether (ETH) reclaimed the $3,100 level, hitting its s ...