CoinEx Daily: Bitcoin Rebounds Near $60,000 but Macro Risk-Off Mood Keeps Pressure on Crypto

Daily View

Bitcoin briefly fell toward the $58,000 area before rebounding back near $60,000, but price action remains fragile as sellers continue to control the broader short-term trend. Macro conditions stayed mixed to risk-off, with uncertainty around the U.S. 10-year yield, weakness across Asian and tech-heavy equity markets, and a firm macro backdrop that continues to limit appetite for high-volatility assets. Overall crypto market sentiment remains cautious, with the broader market pressured by the equity selloff and macro uncertainty even as Bitcoin shows signs of short-covering support near recent lows.