Bitcoin, currently priced at $78,224.42, has experienced a 1.8% increase since midnight UTC, bouncing back from $75,650, a key resistance point during the previous week's surge. This rebound indicates a potential bullish trend, with $75,650 transforming into a crucial support level that could facilitate another push towards the $80,000 mark. Meanwhile, Ether is trading at $2,344, displaying more bearish tendencies than bitcoin, characterized by a series of lower highs since April 17.
The overall market is trending upward as US investors await the earnings reports of prominent tech companies, including Alphabet, Microsoft, Amazon, and Meta, all scheduled for Wednesday after the market closes. Nasdaq 100 futures have risen by 0.25% in pre-market trading, reflecting the anticipated growth.