Bitcoin is currently trading at approximately $77,700, representing a 1.8% increase since midnight UTC, after successfully rebounding from the $75,650 level. This rebound marks a significant bullish shift, with $75,650 now serving as a critical support level that could facilitate another push towards the $80,000 threshold. Meanwhile, Ether is valued at $2,344, exhibiting more bearish tendencies on its chart, characterized by a series of lower highs since April 17. The broader market is experiencing an uptrend, driven by anticipation of upcoming tech company earnings reports, including those from Alphabet, Microsoft, Amazon, and Meta, all scheduled for release after the market closes on Wednesday.
Nasdaq 100 futures are up 0.25% in pre-market trading, further indicating a positive market sentiment.