Bitcoin rebounded above $70,000 after cooler-than-expected U.S. inflation data boosted risk appetite. 📈

Despite the recovery, market sentiment remains fragile. The Crypto Fear & Greed Index is still in “extreme fear,” reflecting ongoing anxiety among investors.

Key highlights:

‱ Bitcoin is up nearly 5% in 24 hours

‱ $8.7B in $BTC losses realized last week, signaling possible capitulation

‱ Inflation data raised hopes for earlier rate cuts

‱ Fear-driven selling pressure still present

Overall, price recovery is visible, but confidence has not fully returned yet.

DYOR and manage risk carefully.

#Bitcoin #CryptoNews #MarketUpdate #BTC #CryptoMarket