Virtual asset prices rebounded across the board. Bitcoin at one point reclaimed the $92,000 level.
As of 8 a.m. on the 3rd, on CoinMarketCap, a global coin price tracking site, bitcoin was up 6.02% from 24 hours earlier at $91,955. Bitcoin surged to $92,316 at 6 a.m. that day, briefly reclaiming the $92,000 level.
Ethereum, the No. 2 by market cap, is up 7.54% at $3,016. Ripple is up 6.48% at $2.17, and Solana is up 9.91% at $139, respectively.
Virtual asset prices plunged across the board on the 1st on news that the Bank of Japan, Japan's Central Bank, would push for an interest rate hike. They then halted the decline the previous day and rebounded. As prices fell sharply, bargain buying flowed in, which is seen as driving the price rise.
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