BITCOIN rebounded from a multi-month low of approximately $82,000, climbing back to around $86,200 in a volatile trading session.

Ethereum remains under pressure, trading 4% lower than the previous day, as broader crypto markets continue to experience turbulence. The Crypto Fear and Greed Index sits at 20, reflecting heightened investor caution.

Despite the uncertainty, some altcoins have shown resilience. Optimism (OP) has gained more than 10%, while The Sandbox (SAND) has added roughly 5% over the past 24 hours.

In macroeconomic developments, President Trump announced new trade tariffs on European Union imports, adding to market uncertainty.

Does Bitcoin’s bounce and price increases among altcoins signal some consolidation towards the end of the week, or is there further downside to come? 

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In the markets 

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🌦️The Data...

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🌍 Total crypto market cap ⬇️

The global cryptocurrency market capitalisation is currently approximately $2.85 trillion, showing a 2.1% decrease over the past 24 hours.

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🟠 Bitcoin (BTC) ⬇️

• Price: Currently trading at $86,269, reflecting a 2.33% decrease in the last 24 hours.
• Daily high: $89,191
• Daily low: $82,455 

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💎 Ethereum (ETH) ⬇️

• Price: Currently trading at $2,355, reflecting a 4.32% decrease in the last 24 hours.
• Daily high: $2,492
• Daily low: $2,265

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📈 S&P 500

The S&P 500 index is currently up by 0.14% from the previous close.

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😬 Fear & Greed Index

The Crypto Fear & Greed Index is currently at 20, signalling Fear among investors.

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📊 Bitcoin Relative Strength Index (RSI) (14)

The 14-day RSI for Bitcoin is at 31, indicating that the asset is oversold at this time.

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‍Post Script…

Cautionary Notes

‍‍It's definitely tempting to get swept up in the excitement, but please heed these words of caution: Do your own research, only invest what you can afford, and make good decisions. The indicators contained in this article will hopefully help in this. Remember though, the content of this article is for information purposes only and is not investment advice or any form of recommendation or invitation. The Digital Commonwealth always advises you to obtain your own independent financial advice before investing or trading in cryptocurrency.