- Cryptocurrencies and Bitcoin recover above $61,000 as risk appetite improves:

Bitcoin US Dollar
-0.11%

Ethereum US Dollar
-0.87%

Ripple US Dollar
-1.53%

Cryptocurrencies rose during Thursday's trading, recovering some of their recent losses, supported by improved investor sentiment in global markets and a return to riskier assets.

Bitcoin, the largest cryptocurrency by market cap, rose to trade above the $61,500 level, after facing heavy selling pressure in the previous session that pushed it below the $60,000 barrier, amid a broad sell-off that hit tech stocks and companies linked to the artificial intelligence sector.

The improvement in digital asset performance coincided with strong results and optimistic forecasts announced by Micron Technology, which boosted investor confidence in the continued strong momentum of the AI sector, one of the key drivers supporting risk appetite in markets currently.

Trading data showed Bitcoin rising 3% to $61,680, while Ethereum jumped about 4.8% to trade at $1,651.77. Ripple also recorded modest gains to reach $1.0818.

Despite this recovery, markets are still awaiting an important event that could increase volatility in the coming hours, namely the expiration of options contracts on cryptocurrencies worth about $10 billion, which could prompt traders to reposition their holdings and affect short-term price movements.

Analysts see that the performance of cryptocurrencies in the coming period will remain tied to several key factors, including global liquidity trends, US monetary policy developments, as well as continued investment flows into technology and AI sectors.

While digital assets benefit from improved investor risk appetite, continued high volatility imposes caution, especially with influential technical and market events approaching that could determine the market's direction in the coming period.
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