{"id":15163,"date":"2025-08-21T09:26:42","date_gmt":"2025-08-21T08:26:42","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=15163"},"modified":"2025-08-21T15:20:05","modified_gmt":"2025-08-21T14:20:05","slug":"why-crypto-currency-market-surging-today","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/why-crypto-currency-market-surging-today\/","title":{"rendered":"Why is the crypto market surging today?"},"content":{"rendered":"\n

Crypto market recovery: A sigh of relief ?<\/h2>\n\n\n\n

The crypto<\/a> market has recorded a significant rebound<\/strong> over the past 24 hours. The total market capitalization increased by nearly $79 billion<\/strong> to reach $3.82 trillion<\/strong>. This recovery follows the release of the FOMC (Federal Open Market Committee) minutes last Wednesday, which reassured investors about the future direction of U.S. monetary policy.<\/p>\n\n\n\n

Indeed, investors now appear more optimistic<\/strong>, resulting in a clear improvement<\/strong> in overall market sentiment. This positive momentum<\/strong> has particularly benefited altcoins, with the striking example of OKB which surged 56%<\/strong> to reach a new all-time high<\/strong> of $195<\/strong>.<\/p>\n\n\n

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\"Total
Source: TradingView<\/figcaption><\/figure>\n<\/div>\n\n\n

Bitcoin’s welcome support<\/h2>\n\n\n\n

Meanwhile, Bitcoin<\/a> (BTC) has managed to stabilize<\/strong> around $113,990<\/strong>, retesting the support level at $112,526<\/strong>. This historical anchor could provide an opportunity<\/strong> for BTC to reclaim the $115,000<\/strong> mark, a crucial threshold<\/strong> for confirming the recovery. A successful breakthrough of this level would constitute a bullish signal<\/strong>, especially if the general market sentiment continues to improve.<\/p>\n\n\n\n

However, technical analysis shows that the RSI (Relative Strength Index) indicator currently indicates bearish momentum<\/strong>. If this pressure persists, the Bitcoin price could remain consolidated<\/strong> below $115,000<\/strong>, or even slip to $112,526<\/strong>.<\/p>\n\n\n

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\"Bitcoin
Source: TradingView<\/figcaption><\/figure>\n<\/div>\n\n\n

OKB, today’s star crypto<\/h2>\n\n\n\n

The performance of OKB, which jumped 56%<\/strong> to reach a new absolute record<\/strong> of $195<\/strong>, has particularly caught attention. This remarkable bullish momentum<\/strong> has established OKB as the best-performing altcoin<\/strong> of the day, demonstrating investor confidence in this asset.<\/p>\n\n\n\n

Currently trading around $190<\/strong>, OKB seems set to break the $200<\/strong> barrier in the near future. The Parabolic SAR indicator, positioned below the candles, confirms the continuation of the positive trend<\/strong>. However, the possibility of profit-taking remains a concern, with a pullback to $120<\/strong> being possible and potentially challenging the current bullish scenario<\/strong>.<\/p>\n\n\n

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\"OKB
Source: TradingView<\/figcaption><\/figure>\n<\/div>\n\n\n

The rise<\/strong> in the crypto market observed over the last 24 hours, driven by OKB’s performance<\/strong> and Bitcoin’s support, is an encouraging sign of returning investor confidence<\/strong>. Nevertheless, volatility remains a factor, and maintaining this positive momentum<\/strong> will depend on the evolution of general sentiment in the crypto market in the coming days.<\/p>\n\n\n\n

Investors should remain vigilant and rely on thorough technical analysis to navigate this constantly evolving environment.<\/p>\n\n\n\n

How to buy OKB on Bitget?<\/h2>\n\n\n\n

With its meteoric rise, OKB<\/strong> offers a rare investment opportunity<\/strong> as it rapidly approaches the symbolic $200<\/strong> threshold. Here’s a simple guide to obtaining altcoins on Bitget:<\/p>\n\n\n\n

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  1. Create a Bitget<\/a> account<\/strong>: Visit Bitget’s<\/a> official website or download the mobile app. Sign up with your email or phone number, then complete the identity verification (KYC).<\/li>\n\n\n\n
  2. Deposit funds<\/strong>: Log in and access the “Deposit” section. Add fiat currencies (EUR, USD, etc.) via bank card or SEPA transfer, or transfer cryptocurrencies.<\/li>\n\n\n\n
  3. Buy altcoins<\/strong>: Head to the “Quick Buy” or “Spot Market” section. Select the Altcoin\/USDT pair, indicate the desired amount, and confirm the purchase, with limit order options available.<\/li>\n<\/ol>\n\n\n\n
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    Buy Cryptos on Bitget and get $10 free<\/a><\/div>\n<\/div>\n\n\n\n

    On the same topic:<\/strong><\/p>\n\n\n\n