India, Feb. 26 -- Major cryptocurrencies rebounded in the past 24 hours after the massive sell-off on Tuesday. Bitcoin touched a high of $89,351 and Ethereum touched a high of $2,530 in the past 24 hours, helping lift cryptocurrency market capitalization to $2.88 trillion.
The anxiety ahead of AI darling NVIDIA's earnings release on Wednesday, U.S. GDP update on Thursday and PCE-based inflation readings on Friday however limited gains. The massive outflows from Bitcoin/Ethereum Spot ETF products in the U.S. on Tuesday also capped the rally.
More than 80 percent of the top 100 cryptocurrencies are trading with overnight gains of more than a percent. On a weekly basis, 13 percent of the top 100 cryptocurrencies still trade with gains of mor...