Bitcoin seems to stabilize
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The Dow Jones Industrial Average advanced 515.19 points, or 1.05%, closing at 49,407.66, while the S&P 500 was up 0.54% and settled at 6,976.44. The Nasdaq Composite also gained 0.56% and ended at 23,592.11.
Analysts have flagged the $88,000 level as an important pivot for near-term stabilization, with $84,000 now emerging as critical downside support. A sustained break below that level could expose deeper retracements toward the $72,000–$68,000 zone, according to Bitcoin Magazine analysts.
Bitcoin rebounded toward $79,000 after dipping below $75,000 over the weekend, as traders weighed heavy liquidation-driven selling against macro tailwinds and a potential inflection point for crypto markets.
Bitcoin fell sharply on Saturday, tumbling below $80,000 to the lowest levels since April 2025 as part of a broader decline for digital assets.