Markets· ★★★· bullish·

Bitcoin rebounds toward $79,000, Ethereum above $2,500 as $341 million liquidated

  • Bitcoin rose 1.42% to $77,918, with a daily range of $76,636 to $79,600
  • Liquidations over 24 hours totaled $341 million: $232 million in shorts and $109 million in longs
  • XRP gained 5.24% to $1.4187, while SOL rose 2.69% to $102.43
  • The Fear and Greed Index climbed from 57 to 69 (greed)
Why it matters: The market is pricing in expectations of a Fed rate hike, and holding $76,000 and reclaiming the SMA20 near $78,500 will determine the next leg of the rebound.
Source: 動區 BlockTempo