$BTC Current cryptocurrency market—'bear market' fluctuations and rebounds intertwine
In early 2026, the cryptocurrency market remains in a state of extremely high volatility. After experiencing a continuous decline since October 2025, major digital asset prices are facing severe fluctuations and periodic rebounds. Bitcoin's price had once fallen to around 61,000 USD, breaking most of the gains since 2024, triggering market panic and high-intensity liquidations. (Reuters)
However, in recent days of trading, BTC has shown a technical rebound, bouncing back to around 70,000 USD, easing overall market sentiment. Market data indicates that short-term risk-averse funds and liquidity funds have entered the market, driving an increase in trading volume, but overall sentiment remains cautious. (CoinDesk)