Bitcoin (BTC) is currently priced at approximately $77,700, marking a 1.8% increase since midnight UTC after bouncing back from the $75,650 level. This threshold had previously acted as resistance during last week’s rally but now functions as support, indicating potential for further upward movement toward the $80,000 mark.
In contrast, Ether (ETH) is trading at $2,344 and exhibits more bearish trends than bitcoin, evidenced by a series of lower peaks since April 17. Meanwhile, the wider market remains optimistic as U.S. investors await earnings reports from major tech firms like Alphabet (GOOG), Microsoft (MSFT), Amazon (AMZN), and Meta (META), which are scheduled for release post-market on Wednesday.
Nasdaq 100 futures have experienced a modest gain of 0.25% in pre-market trading.