Bitcoin recovered about 1.5% after dropping to $65,000 over the weekend, as broader markets rebounded and buoyed by a relief rally following options expiry; liquidations stand at $366.35 million over the past 24 hours.  

Bitcoin ETFs saw $225.5 million in net outflows on Friday, while Ethereum ETFs reported $48.5 million in net outflows.  

Meme coin market capitalization saw a 1.4% increase over the past 24 hours to $34 billion.

Trader Commentary:

Trader Michael van de Poppe said Bitcoin’s recent bounce is encouraging but does not yet confirm a trend reversal, emphasizing that macroeconomic conditions remain the primary driver.

He identified a breakout above $71,000 as key confirmation,…

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