Bitcoin's Oversold Signal: Crypto Market Rebound

Crypto markets surged on Sunday, with Bitcoin hitting an extreme oversold signal and over $200 million in liquidations easing selling pressure. Historical data suggests short-term price increases following such events. The broader market also advanced, with Ether gaining 4.5% and other top coins posting daily increases. Despite overall market fragility, privacy-focused tokens like Zcash and Monero have performed well. The Crypto Fear and Greed Index stands at 10, indicating extreme caution.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.