Dogecoin leads market rebound with 15% pump, bitcoin steady above $85,000

XRP added 7% to nearly $1.52 and SOL 5% to just under $117. Ether rose 3% to nearly $2,740, while BNB and TRX each picked up between 1% and 2%. ZEC was the only large token to fall, down 4% to just above $1,450.

Liquidations in the past hour came to under $11 million, down from more than $300 million an hour at the peak of Monday’s move, which leaves the next leg dependent on buyers rather than sellers being forced out.

AI trade roars back

Equities set a firm tone through the Asian session, meanwhile.

MSCI’s Asia Pacific gauge rose nearly 1% for a fifth straight day of gains, led by chipmakers Samsung Electronics and SK Hynix, which tracked Monday’s rally in U.S. semiconductor stocks. South Korea’s Kospi advanced 2% and Taiwan’s benchmark hit an intraday record.

Artificial intelligence is doing the pulling. The Wall Street rally followed early signs of success for Meta Platforms’ new AI agent, and AMD is on course to pass $1 trillion in market value.

Meta Platforms released Muse, an AI agent that works across Facebook, Instagram and WhatsApp, nearly two weeks ago and it has since passed ChatGPT to become the top free app on Apple’s U.S. App Store. The app has drawn nearly 3 million installs worldwide and almost 40% more iOS downloads in the U.S. and Canada than ChatGPT managed in its own first 12 days on mobile, data from app-tracker Apptopia shows.