Bitcoin bounced back to $79,000 during Asian trading hours on Tuesday after plunging below $75,000 over the weekend. The recovery comes after a severe sell-off that wiped billions from crypto markets and triggered widespread liquidations.
Bitcoin (BTC) Price
Ether rose above $2,340 while Solana, BNB, XRP and Cardano posted gains between 3% and 6% over 24 hours. Most large-cap cryptocurrencies still show weekly losses up to 20% despite the Tuesday rebound.
The weekend crash featured heavy long liquidations as thin market liquidity amplified selling pressure. Traders faced broad risk-off sentiment while tech companies reported mixed earnings results.
CF Benchmarks analysts believe the sell-off may mark the end of a bearish sequence starting from October 10, 2025. Bitcoin briefly fell below its April 2025 lows near $74,000 during the weekend decline.
Selby noted massive long liquidations occurred during the weekend move. He pointed to regulatory uncertainty and early signs of hawkish Federal Reserve policy repricing as factors pressuring Bitcoin prices.
U.S. stock futures climbed Tuesday morning after Monday’s strong performance. S&P 500 futures gained 0.3% while Nasdaq 100 futures advanced 0.7%. Dow Jones Industrial Average futures traded flat after a 500-point gain Monday.
E-Mini S&P 500 Mar 26 (ES=F)
Asian equity markets rebounded sharply after their worst selloff in two months. The MSCI Asia Pacific Index jumped 2.4% in its best session since April. South Korean stocks surged over 5% as investor sentiment improved.
Palantir shares jumped approximately 6% in after-hours trading following better-than-expected fourth-quarter earnings. The data analytics company issued optimistic forward guidance for upcoming quarters.
Nvidia fell nearly 3% during regular hours on news OpenAI is delaying a $100 billion deal. Reports suggest OpenAI expressed dissatisfaction with Nvidia chips and is exploring alternative hardware options.
Advanced Micro Devices reports earnings Tuesday while Amazon and Alphabet release results later this week. Over 100 S&P 500 companies are scheduled to report quarterly earnings this week.
Investors are monitoring tech earnings for signs artificial intelligence spending is converting to improved margins and profit growth. Microsoft received tepid market reaction to its earnings last week.
Gold and silver futures declined Monday after steep losses late last week. Precious metals retreated from recent highs as crowded positioning unwound rather than macro factors driving the moves.
The U.S. government entered another partial shutdown, which may postpone data releases this week. Friday’s monthly jobs report faces potential delay due to the shutdown.
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