Altcoins, including Pudgy Penguins (PENGU), Sui (SUI), and Pump.fun (PUMP) secure double-digit gains as Bitcoin (BTC) rebounds nearly 8% in the last 24 hours to surface above $92,000 amid Vanguard's decision to allow crypto Exchange Traded Funds (ETFs) on its platform.
Bitcoin (BTC) is trading above $87,000 at the time of writing on Wednesday, as bulls push for stability, following weeks of persistent declines. Altcoins, including Ethereum (ETH) and Ripple (XRP), are also holding steady above key support levels.
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) prices hover around key levels mid-week after rebounding from support. The price action of these top three cryptocurrencies suggests fading bearish momentum in the technical indicators, hinting at a possible recovery in the coming days.