From Bitcoin’s sharp rebound to new UK crypto laws and a billion-dollar prediction market deal — here’s everything you need to know today.

📈 Bitcoin Breaks $92K Amid Market-Wide Rebound

The crypto market is back in the green after a strong 24-hour rally. Bitcoin (BTC) surged by 6.8% to hit $92,000, recovering from recent lows around $86,400. According to CryptoNews, the rebound was broad-based, affecting nearly all market sectors.

However, short-term caution remains. As per BeInCrypto, Bitcoin is approaching a key resistance zone at $95,000, with analysts watching closely to see if the cryptocurrency can break through or face rejection.

Total market cap also saw a significant bump, jumping by nearly $200 billion in just a day. Altcoins joined the rally, with Sui (SUI) leading the charge up 23%.

🖼️ NFTs Outperform With 12% Surge

The non-fungible token (NFT) sector saw the highest gains, surging nearly 12% in 24 hours. Leading the charge were Pudgy Penguins and SuperVerse, both jumping over 20%.

This sector continues to show speculative strength and community engagement despite broader market volatility. NFT investors should remain alert for trend confirmation and volume sustainability.

📜 UK Formally Recognizes Crypto as Legal Property

In a landmark move, the UK Parliament has passed a new Digital Assets Law that formally recognizes cryptocurrencies and stablecoins as property. This gives digital asset holders the same legal protections as owners of traditional assets like stocks or property. Read more.

This regulatory clarity is expected to attract more institutional interest and provide legal frameworks for dispute resolution and taxation.

📊 Kalshi Partners With CNN, Raises $1B

Kalshi, a U.S.-based prediction markets platform, has signed a strategic partnership with CNN, becoming their official prediction markets partner. In addition, Kalshi closed a $1 billion funding round, valuing the company at $11 billion.

This legitimizes the role of blockchain-based prediction markets in mainstream media and finance. Expect more integrations between decentralized platforms and traditional media in the months to come.

🔮 What’s Next?

• Bitcoin faces resistance at $95K — watch for breakout or rejection.
• NFT sector could sustain momentum — monitor volume and floor prices.
• UK law could set a precedent for other nations recognizing digital assets.
• Kalshi’s CNN deal signals rising adoption of crypto prediction markets.

📌 Final Thoughts

The crypto market is showing serious signs of life, led by Bitcoin’s climb toward $93K and explosive NFT activity. Legal wins like the UK’s new law and institutional deals like Kalshi’s $1B raise are adding structural support to long-term crypto adoption.

Stay informed, stay sharp — and don’t trade on hype alone.