At approximately $77,700, Bitcoin has seen a 1.8% increase since midnight UTC, rebounding from the $75,650 mark that previously acted as a resistance point during the prior week's surge. This uptick signals a potential bullish trend, with $75,650 now serving as a crucial support level that could facilitate another push towards the $80,000 threshold.
Meanwhile, Ether is valued at $2,344, displaying more bearish tendencies than Bitcoin due to a series of declining highs since April 17. The overall market is experiencing an upswing as US investors await the release of earnings reports from prominent tech companies, including Alphabet, Microsoft, Amazon, and Meta, all scheduled for after the market closes on Wednesday.
Nasdaq 100 futures have risen by 0.25% in pre-market trading, further indicating a positive market sentiment.