In accordance with AiCoin, the cryptocurrency market rebounded strongly on December 3, with total market cap rising to approximately $3.15 trillion (+7%). Bitcoin (BTC) surged past $92,000, while Ethereum (ETH) returned above $3,000. The Ethereum mainnet activated the Fusaka hard fork, increasing the gas limit to 60 million and introducing PeerDAS for improved Layer-2 scalability and wallet security. Analysts noted the potential for further gains amid Fed liquidity and a possible 25 basis point rate cut on December 10.
BTC Surpasses $92K, ETH Rebounds Above $3K as Fusaka Upgrade Activated
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