- Bitcoin has bounced back near $80K after plunging below $75K due to Trump’s tariff shock.
- Altcoins like Dogecoin, Solana, and Cardano are showing strong single-day gains.
- Fear still dominates the market, with low sentiment and caution over future volatility.
Bitcoin’s swift recovery after dipping below $75,000 has surprised many investors, signaling a potential support level near current prices. Despite the rebound, trading sentiment remains wary, with the Crypto Fear & Greed Index stuck in “Extreme Fear.”
Meanwhile, altcoins are showing signs of life. Solana, Dogecoin, and Cardano have surged between 5–8%, benefiting from Bitcoin’s momentum. XRP is inching toward the $2 mark but still struggles under market hesitation.
Crypto Claws Back: Bitcoin Steadies, Altcoins Rally—but Fear Remains
The crypto market staged an unexpected bounce just days after a sharp sell-off triggered by geopolitical tensions. Bitcoin’s recovery to nearly $80K led the charge, stabilizing market sentiment slightly and setting a tentative tone of optimism.
Solana and Dogecoin saw notable rebounds, climbing 7.9% and 6.1% respectively. These gains, while encouraging, haven’t completely erased the losses from earlier in the week. XRP, though up, remains stuck below the key $2 threshold—a psychological level it has repeatedly struggled to cross.
Despite the green candles, traders are still moving with caution. Liquidations totaling over $1.2 billion on Monday have left deep scars, and many are staying on the sidelines, waiting for clearer signals. Altcoin dominance remains low, with Bitcoin still commanding market attention.
The broader macro outlook is also weighing on crypto’s next steps. If Trump’s trade war rhetoric intensifies or fresh regulations emerge, the current rally may falter. Until then, market participants are keeping a close eye on BTC’s ability to hold above $80K.
While the charts show a bounce, the mood on the ground is far from euphoric. This rebound feels fragile, and the next macro headline could decide its fate.
“Markets are never wrong—opinions often are.” – Jesse Livermore
