Crypto markets rebound following major AI stock wobble from DeepSeek

CRYPTO markets are back in the green, clawing back much of the week’s losses following yesterday’s broad sell-off across cryptocurrencies and equities.

Bitcoin is up over 3%, trading at around $102,970, with Ethereum (ETH) charting similar gains.

XRP and Cardano (ADA) are among the day’s standout performers, both rising more than 8% in 24 hours. The Fear and Greed Index remains in 'Neutral' after a turbulent week, while the Relative Strength Index points to increased investor activity.

In contrast, US equities continue to feel the heat from a steep drop in Nvidia shares after a Chinese competitor unveiled a free AI service aimed at rivaling OpenAI’s paid model, an announcement that sent ripples through tech markets. Some analysts suggest yesterday's crypto losses may have been part of the broader risk-off sentiment.

The market now turns its focus to tomorrow’s Federal Reserve rate decision, with expectations leaning toward a pause in hikes. Will the Fed’s move bolster crypto’s recovery? Eyes are firmly on the next big headline.

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In the markets

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🌦️The Data... 

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Total crypto market cap

$3.52 trillion (+2.9%)

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What Bitcoin did yesterday

Daily high $103,369  |  Daily low $98,380

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Bitcoin market capitalisation

$2.03 trillion (+3.83%)

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Bitcoin 24-hour trading volume

$68.66 billion (+66%)

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SP500

-1.46%

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Fear and Greed Index

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The Fear and Greed Index measures volatility, market momentum/ volume, social media, surveys, dominance, and Google search trends to gauge market sentiment.

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Bitcoin Relative Strength Index (RSI) (14)

58

Values of 70 or above indicate that an asset is becoming overbought and may be primed for a trend reversal or experience a correction in price, while 30 or below indicates an oversold or undervalued condition.

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Post Script…

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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.