Bitcoin Prices Bounce Back Above $65,000 Amid Weakening US Dollar
Bitcoin prices have experienced a significant rebound in the past few days, climbing back above $65,000 as the US dollar weakened and Asian stocks rallied.
This move follows weeks of heavy losses for the cryptocurrency, with its total market cap falling to around $2.19 trillion – close to the lows seen during the February 5 crash.
Analysts are closely watching this bounce to see if it signals a real trend reversal, with some predicting a potential 10% upside or a further 25% decline if it fails.