Bitcoin bounces from lows to $70,000, signals stabilisation after macro-driven crash

Bitcoin Remains Under Pressure — On-Chain Data Reveals Why

Over the past week, Bitcoin has been experiencing an intense movement as prices slid sharply from around $84,000 to around $60,000, representing one of the largest weekly declines in the present market. Currently, based on live market data, Bitcoin’s price has rebounded slightly to around $70,000, indicating some market resilience. Institutions Pull Back: Bitcoin’s Risk Remains In Red Zone Despite Rebound According to a CryptoQuant analyst, Amr …

Bitcoin bounces from lows to $70,000, signals stabilisation after macro-driven crash

Bitcoin surged past $70,000, recovering from a 16-month low, buoyed by a tech stock and precious metals rebound. Despite a significant weekly dip and investor caution signaled by options markets, the digital currency showed resilience. This recovery follows a broader market rout, with the crypto space having lost substantial value since October.