Bitcoin and other major cryptocurrencies surged, adding more than $170 billion in market value, as analysts pointed to a potential pause in the so-called “10 a.m. dump” pattern following a lawsuit accusing Jane Street of insider trading. The total crypto market capitalization climbed roughly 8% to nearly $2.5 trillion, according to CoinGecko, marking one of the strongest single-day rebounds in weeks.Bitcoin briefly rose above $70,000, snapping a steady slide from its October highs. Ethereum gained more than 13%, while Solana surged over 15%, outperforming most other large-cap tokens as risk appetite returned to the market.Traders have closely watched a recurring late-morning sell-off — dubbed the “10 a.m. dump” — often attributed to systematic or institutional flows. Analysts suggested that Wednesday’s strength may reflect a temporary disruption in those patterns amid heightened scrutiny of trading activity. While uncertainty remains and volatility is still elevated, investors are now assessing whether the rebound signals a broader shift in momentum or simply a short-term relief rally.