Noticed that Bitcoin broke through the $71,500 mark yesterday and is now holding around $73,600. All of this happened amid a wave of reduced fears about the oil shock — the IEA announced a possible release of strategic reserves, and risk sentiment sharply improved in global markets.

It was a real shock for the bears. XRP, DOGE, SUI, and HYPE became the leaders of growth over the past 24 hours — XRP jumped to $1.35, and HYPE reached $43.35. The CoinDesk 20 index rose about 3%, roughly matching Bitcoin's recovery itself. Meanwhile, WTI crude oil fell from $120 to $82, which clearly helped risk assets.

An interesting point: this time, Bitcoin behaved independently of tech stocks. If they used to move in unison, now BTC is growing while tech indices like Nasdaq are rising more slowly. This could indicate that crypto is starting to be perceived as a separate asset class rather than just part of a risky portfolio.

Analysts say this is a cautiously optimistic signal. After Bitcoin fell below $60,000 earlier this month, it recovered fairly quickly despite geopolitical turbulence. Support at the $66,000 level is holding, and if it doesn’t break, we might be seeing the formation of a bottom. But the risk of decline still exists — the market remains volatile.