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Crypto market just flipped green after weeks of pain.
Bitcoin pushed back to $68,598 today, gaining 4.81% in 24 hours. This comes after BTC dropped as low as $62,964 earlier this week, driven by Trump's 15% global tariff shock and escalating geopolitical tensions with Iran.
The Fear & Greed Index is sitting at 11. Extreme Fear. But price is moving up. That's the unusual part.
ETH jumped 8.9%, SOL gained 8.17%, DOGE popped 9.15%, and XRP recovered 6.5% to $1.46. Uniswap exploded 21.9% to $4.07. Centrifuge absolutely went wild, up 188% to $0.25 in 24 hours.
Close to $400M in short positions got liquidated as the market reversed hard. Bitcoin ETF inflows also returned, hitting their strongest level in weeks.
BTC is down 50% from its October 2025 ATH of $125,000. The key level to watch now is $69,000. A daily close above that could shift short-term momentum significantly.
Market cap back to $2.3 trillion.
#Bitcoin #BTC #MarketUpdate