Bitcoin Rebounds Above $93K, Derivatives Washout

Bitcoin surges past $93K, offering relief to investors after a chaotic week with $500M in liquidations. The recovery follows a major washout in derivatives markets and is boosted by regulatory optimism and Vanguards crypto ETF approval. However, market sentiment remains cautious, viewing the rebound as a relief move rather than a long-term trend.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.