Bitcoin & crypto rebound — but the dust isn’t settled yet 🚨
After a brutal sell-off that sent Bitcoin down toward the low $80K range, markets saw a sharp rebound: Bitcoin is now trading around USD 87,500–88,000 and other major coins like Ethereum (ETH) and Solana (SOL) are climbing as risk sentiment improves. Barron's+2Investopedia+2. But caution remains: despite the bounce, several analysts warn that Bitcoin may still be significantly overvalued, and we could see further corrections if macro risks and ETF outflows persist. MarketWatch+2Business Insider+2
#Bitc #USJobsData Crypto #ETHBreaksATH #ETH
Bitcoin and crypto are recovering — but beware, there are no certainties 🚨
After a brutal correction that brought Bitcoin close to the low range of USD 80,000, the market showed a strong rebound: Bitcoin is now trading around USD 87,500–88,000, and other major cryptos like Ethereum (ETH) and Solana (SOL) are rising as risk appetite improves. Barron's+2Investopedia+2
But not everything is certain: several analysts warn that Bitcoin could still be "overvalued," and there is a possibility of new declines if macroeconomic risks and ETF outflows persist.