• Bitcoin captures $65K after US stocks rebound from AI sell-off: Will it hold? • Bitcoin rallied above $66,000 following a positive close from US stock markets, putting Monday’s AI and tech-stock driven sell-off to rest. • Will $60,000 remain the BTC bottom? • Cointelegraph in your social feed Bitcoin’s (BTC) bleed slowed on Tuesday as US markets recovered from Monday’s AI and software-stocks-driven selloff. • At the US market closing bell, theDOW locked in a 370-point gain, while the S&P 500 held on to a 0.77% rally. • The swift recovery of US equity markets appears to have played a role in easing negative pressure on crypto investors looking to cut risk asset exposure.

Article Summaries:

  • Bitcoin’s decline slowed after U.S. equities rebounded from Monday’s AI‑driven sell‑off, with the Dow up 370 points and the S&P 500 gaining 0.77%. The cryptocurrency is hovering near its former $65,000 support, and analysts stress that a dip below $60,000 could trigger a slide into the low $50,000s. Despite being 49% off its all‑time high, a $4.5 million whale purchase on Tuesday suggests liquidity‑driven buying. Technical indicators show Bitcoin is oversold (weekly RSI 25.71) and close to its 200‑week EMA at $58,855, a level that could become resistance. Some experts view this as a potential bottom, while others warn that further retracements could accelerate the bear trend, with Fed rate cuts adding uncertainty.

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