BTC Rebound: Risk Appetite Back, Bet on COIN?
As a barometer of global risk appetite, Bitcoin (BTC) quickly reclaimed the $73,000 level and is once again attempting to challenge the key psychological resistance at $75,000.
SOS surged 9%, BTCT gained 8%, and UPXI followed with a 7% rise. Crypto heavyweights including MicroStrategy (MSTR), Coinbase (COIN), and miner Riot Platforms all posted gains of over 3%.
A recent report from Bernstein stated that after a 60% drawdown from the 2025 peak, crypto-related equities may have already entered a “cyclical bottom.”
If BTC breaks $75,000, is recovery path open?
Comments