Bitcoin Reclaims $90K After Sharp Shakeout Clears Bearish Leverage

Bitcoin has staged a strong rebound after a turbulent two-day stretch that briefly pushed the asset into the $90,000 range.

Buyers returned aggressively, lifting BTC back over the $90,000 mark and restoring some confidence across the broader digital-asset market.

The global crypto market cap is now approaching $1.8 trillion, with more than $74 billion in trading volume showing that investors are rotating back into positions rather than sitting out the volatility.

Liquidations Fuel the Rebound

A major driver behind the turnaround was a wave of liquidations that cleared out bearish leverage. Coinglass data shows more than $181 million in Bitcoin positions wiped out – nearly $148 million of which came from shorts. The reset gave bulls the opening they needed after weeks of downward pressure.

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Technical signals also shifted in their favor. On the 4-hour chart, the RSI has climbed to around 57, while the MACD histogram has moved into positive territory for the first time since late November, hinting at easing bearish momentum.

Momentum strengthened further once U.S. markets opened. Bitcoin immediately jumped roughly 6% after access to Bitcoin ETFs was expanded following the reversal of the earlier Vanguard ban. BlackRock’s IBIT alone registered more than $1 billion in volume during the opening half hour, suggesting both retail and institutional investors are using the newly opened channels to gain exposure.