Crypto Rebounds: Bitcoin Nears $38K, Ether Above $2K as Market Sees Broad Gains
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Bitcoin bounced back 6% on Wednesday, nearing $38K after falling below $35K on Tuesday.
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Ether advanced over 3% to near $2,060, retaking $2,000 after falling to $1,900 on Tuesday.
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Solana and Avalanche led gains among altcoins with 18% and 23% jumps respectively.
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The CoinDesk Market Index rose 5%, showing a positive day across the crypto market.
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One analyst said bitcoin is "going mainstream" and that "the bear is behind us."