Cryptocurrency markets experienced a significant respite in recent hours after a week of intense liquidations. Bitcoin (BTC), the leading digital currency, led the recovery, dragging along with the rest of the major assets in the ecosystem.
Bitcoin price has managed after reaching a local minimum of around $60,013. Stable rebound until breaking the $70,000 barrier Although this upward trend has brought some calm to the negotiating table, the long-term technology structure still shows signs of weakness.
Data analyzed on daily charts reveals that Bitcoin’s decline has accelerated and momentum has been strong this week. The digital asset was trading more than 50% below its all-time high of $126,000, set in October 2025.
However, as of this writing, Bitcoin is trading at $70,992, according to the CriptoNoticias Price Calculator. This equates to an average spike of 13% per day. This can be seen in the following graph.
However, despite the recovery, digital currencies remain in the doldrums. Cumulative loss of more than 15% in the last 7 daysindicating the depth of recent modifications.
Currencies also join market rebound
Bitcoin’s behavior has been replicated in much the same way by industry-leading digital assets. Ether (ETH), the second-largest digital currency by market capitalization, is showing a recovery trend on the daily chart after falling to around $1,747. Current price is $2,070.as shown below:
Meanwhile, assets such as Solana (SOL), BNB, and XRP also recorded concerted moves. SOL managed to recover from its lows around $67 and settled at $88.96, while BNB and XRP remained at $662 and $1.47, respectively. that, After suffering a dizzying fall this week.
Extreme fear rules the market
This extreme volatility is directly impacting market sentiment. Currently, the Fear and Greed Index registers a value of 5 points out of 100, which classifies the current situation as “extreme fear”.
This level of pessimism has not been observed since 2022, when industry system collapses like the FTX exchange were notable. The current decline has erased much of last year’s gains and created a stage of capitulation. According to various market analysts, this is so.
Joanne Wesson, founder and CEO of intelligence firm Alphactal, said on-chain data reflects the stage of formal capitulation. According to experts, Markets are dealing with large realized losses. In his opinion, this could mean that the current recovery is just a technical bounce before another bearish move.
Wesson highlights that factors such as price declines and network supply activity suggest that: Selling pressure has not completely disappeared yet.
Despite a concerted recovery this Friday; The weekly outlook remains in the red for most investors.
The CoinMarketCap chart below reflects that Solana led the weekly losses for major assets with a decline of 23.4%, closely followed by ETH at 23% and BNB at 22.3%.
This data confirms that although Bitcoin has managed to recover the psychological level of $70,000, the digital asset market is in the doldrums. Still in the stabilization process After going through one of the most profound adjustments in recent months.
