Overview
- Bitcoin recovered to roughly $78,700 on Sunday after dropping to about $75,700 on Saturday, though it remains down about 6.7% since Friday.
- The coin trades more than 30% below its October peak near $125,000, while ether slid roughly 11.8% to about $2,388 during the decline.
- Total crypto market capitalization stands near $2.64 trillion, about 39% below the October 2025 record, according to CoinGecko data cited in coverage.
- Markets are reacting to Kevin Warsh’s elevation to lead the Federal Reserve and a stronger dollar, with investors bracing for reduced liquidity conditions.
- Analysts note broken technical supports and “extreme fear” sentiment readings, warning bitcoin remains vulnerable to further downside without a momentum recovery.