Bitcoin Rebounds Near $78K as Arbitrum, PONS Rally
A weaker U.S. dollar and momentum from Robinhood Chain lifted Bitcoin and key layer-2 tokens on Thursday.
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Key takeaways
- Bitcoin rose 0.76% since midnight, climbing back toward the $78,000 mark.
- A softer U.S. dollar sparked a cross-market uptick in stocks, metals, and crypto.
- Arbitrum (ARB) and PONS extended their rally into a third consecutive session.
Bitcoin's inching back toward $78,000, up 0.76% since midnight. Credit a slipping U.S. dollar, which gave risk assets a much-needed breath of fresh air across the board.
Crypto wasn't the only beneficiary of this macro shift. Equities and precious metals picked up steam as currency markets reshuffled. Yet inside crypto itself, layer-2 scaling altcoins pulled off the punchiest gains.
Layer-2 Tokens Keep Climbing
Arbitrum (ARB) and PONS pushed higher for a third straight session. Both tokens keep drawing energy from momentum tied to Robinhood Chain.
The moment macro pressures ease even a fraction, capital rotates fast into niche ecosystem plays. That's precisely what played out over the last 24 hours.
Why it matters
A softer dollar gives crypto room to breathe. Watching tokens like ARB and PONS tells you exactly where market appetite is concentrating. If layer-2 strength stays intact while Bitcoin holds its ground near key levels, it tells us traders are ready to embrace risk once again.
Source: CoinDesk
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Priya Nair
Priya covers the AI side of crypto — agent tokens, decentralised compute and where the two industries actually meet.
