I just saw that Bitcoin is hovering around $71,700 today, with quite a bit of volatility in the tech stocks market. Crypto-linked stocks are showing interesting movement: Coinbase broke through the $200 this early this morning, Strategy climbed nearly 9%, and Galaxy Digital also locked in its gains for the day. Bitcoin miners are also recovering after yesterday’s drop, with Bitfarms, Hive, and Hut 8 gaining between 6% and 10%.

What’s happening is that the $70K-$72K range that has been holding back rebounds over the past few weeks is now seen as the critical zone. If Bitcoin manages to hold above that, it could mean the rally has more room to run. A Wintermute operator I saw mentioned that crypto has been lagging behind other asset classes, so now capital would be rotating into this area while there’s uncertainty in stocks.

XRP had a sharp intraday drop from $1.36 to $1.33 on high volume, signaling aggressive selling rather than a lack of liquidity. Now $1.35 is acting as resistance, and the $1.40 zone is also relevant. Volatility will continue until there’s more clarity in the broader market, but for now there are some interesting gains in the sector.