CoinEx Daily: Bitcoin Rebounds from Recent Lows as Broader Risk Markets Retreat

Daily View

Bitcoin has rebounded from recent lows, establishing a floor near the $60,000–$64,000 zone. This resilience marks a notable divergence from broader global risk markets, which have retreated significantly. Major stock indices (including the S&P 500 and Nasdaq) have posted consecutive losses driven by weak tech earnings and AI valuation concerns. Meanwhile, the total cryptocurrency market capitalization has suffered a severe drawdown, shedding $1 trillion over the last 22 days—an average daily loss of $45 billion.