Bitcoin rebounds from 11-week low as Nasdaq rallies
In short
Bitcoin bounced back from an 11-week low near $73,500. The Nasdaq Composite also rose even though Nvidia shares sold off.
That matters because crypto and tech traders were both reacting to the same market mood.
What the reporting says
Bitcoin rebounded from an 11-week low near $73,500 as the Nasdaq Composite rallied despite a sell-off in Nvidia shares.
Why it matters
Bitcoin recovered after hitting an 11-week low near $73,500, while the Nasdaq Composite advanced despite weakness in Nvidia shares. The market move suggests crypto sentiment improved alongside a rally in US tech stocks.