Bitcoin Recovers Toward $78K While ARB And PONS Extend Robinhood Chain Rally

TL;DR

• Bitcoin recovered toward $78,000 after falling to $76,200, while a softer dollar and calmer broader markets helped stabilize sentiment after Wednesday’s selloff.
• PONS surged 30.85% in 24 hours and ARB jumped 16.77% for a third session, extending the Robinhood Chain rally with record ARB open interest.
• U.S. spot Bitcoin ETFs posted a second straight outflow, but higher-strike $82,000 and $84,000 calls still led Deribit options volume, preserving a bullish bias.

Bitcoin recovered toward $78,000 on Thursday after falling to $76,200 a day earlier, its lowest level in 10 days, as markets absorbed another escalation in Middle East tensions. BTC had repeatedly pushed above $81,000 last week before retreating, later bouncing between $77,000 and $79,000 as volatility returned. The key development is that buyers defended the latest $76,000-area drop quickly enough to restore part of Wednesday’s losses. Bitcoin’s market capitalization climbed back to roughly $1.56 trillion, while its dominance over altcoins remained at 59.6% as the broader crypto market stabilized during early Thursday trading hours.

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