Currently trading at approximately $77,700, Bitcoin has experienced a 1.8% increase since midnight UTC, rebounding from the $75,650 mark that previously acted as a barrier during the last week's price surge. This rebound may signify a shift towards a bullish trend, with $75,650 now serving as a critical support level that could be pivotal in Bitcoin's potential push to surpass $80,000. Meanwhile, Ether is priced at $2,344, displaying more bearish indicators than Bitcoin, characterized by a series of lower highs since April 17.
The overall market is experiencing an uptrend as US investors await the earnings reports of major tech companies, including Alphabet, Microsoft, Amazon, and Meta, all scheduled to report after the market close on Wednesday. Nasdaq 100 futures are up 0.25% in pre-market trading, reflecting the positive market sentiment.