Bitcoin reclaims $90,000 as markets rebound after sharp Monday selloff
PositiveCryptocurrency

- Bitcoin has reclaimed the $90,000 mark as the cryptocurrency market experiences a rebound, rising over 5% following a sharp selloff earlier in the week. This recovery has been accompanied by significant short liquidations exceeding $138 million, indicating a shift in market sentiment.
- The resurgence in Bitcoin's price is crucial for investors, particularly those involved in BlackRock's Bitcoin ETF, who have returned to profitability. This uptick signals a potential recovery in investor confidence, which had been shaken during recent market volatility.
- The broader cryptocurrency landscape is witnessing renewed optimism, with analysts tracking key price targets and fair value gaps that suggest further upward movement. The recent price stabilization above $90,000, alongside increased institutional interest, reflects a significant shift in market dynamics, potentially paving the way for Bitcoin to approach previous highs near $100,000.
— via World Pulse Now AI Editorial System







