Crypto market rebounds as Bitcoin jumps 5%, trades near $68K on strong ETF inflows

The crypto market rebounded sharply as Bitcoin jumped 5% to trade near $68,000 on strong ETF inflows. Ethereum and major altcoins also surged, reflecting improved risk appetite and supportive macro cues. Analysts say rising liquidity, short liquid...

Reuters
The global crypto market capitalisation jumped 5.18% to $2.36 trillion.
The cryptocurrency market staged a sharp rebound on Thursday, with Bitcoin jumping 5% in a day to trade near $68,000 amid strong ETF inflows. The token was last seen at $68,382.

Ethereum rallied 9.29% to $2,069, while major altcoins — including XRP, BNB, Solana, Tron, Dogecoin, Cardano, and Hyperliquid — advanced more than 11% in the past 24 hours.

Riya Sehgal, Research Analyst, Delta Exchange, said the crypto market recovered over the past 24 hours, driven by structural demand and short-term positioning, and Bitcoin rebounded from the $62,000 demand zone toward $68,000–$70,000, supported by $257 million in net inflows into spot Bitcoin ETFs—the largest since January.


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Sehgal further said that Over $400 million in short liquidations added upside momentum, and now, improving global risk appetite, stabilising bond yields, and expectations of more accommodative financial conditions support liquidity-sensitive assets, including crypto.

The global crypto market capitalisation jumped 5.18% to $2.36 trillion, according to CoinMarketCap.
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CoinDCX Research Team said Bitcoin price experienced a strong bullish push and almost reached an important resistance at $70,000 before a small correction to $68,300, and the market cap surged above $2.27 trillion, while the volume surged over $120 billion from levels around $80 billion.

In the past week, Bitcoin and Ethereum were up by 1.79% and 4.46%, respectively. Among the major altcoins, XRP, BNB, Solana, Tron, Dogecoin, and Cardano were up over 7%, whereas Hyperliquid was down 1.49%.

The crypto market saw a broad buying pressure with bitcoin trading close to the $70,000 levels and Ethereum reclaiming the $2000 mark. Despite the recent price gain, Friday’s $10.5 billion monthly BTC options expiry could decide the market direction from the current levels, said Akshat Siddhant, Lead quant analyst, Mudrex

Here is what other analyst say


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CoinSwitch Markets Desk

Bitcoin is trading around $68,000, reclaiming ground after recent volatility and gains in risk assets, while support near $65,000 and resistance around $70,000–$72,000 remain key technical levels.

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On-chain flows show mixed BTC exchange activity, with some inflows suggesting short-term selling but outflows also indicating ongoing accumulation interest (exchange flow data trending sideways). The broader crypto rally has mirrored strength in U.S. stocks, especially tech, as equities rebounded, lifting risk appetite and helping Bitcoin recover

Vikram Subburaj, CEO, Giottus

The asset was up roughly 3.5 per cent over 24 hours. Intraday trade briefly approached the $70,000 handle, and this price point remains the immediate overhead resistance.


Nischal Shetty, Founder, WazirX

Global markets are currently reacting to three major macro signals, the new 10% US global tariffs, Bank of England commentary, and Japan’s policy direction.
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