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BTC Bulls Retake Control After Weekend Shakeout

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Bitcoin (BTC) recovered from the weekend volatility and spent the past 24 hours grinding higher, climbing from below $76,000 to around $77,500 as traders prepared for a packed week of U.S. economic data. The wider crypto market remained mixed, and most large-cap assets were posting modest moves as investors weighed growth and Federal Reserve expectations. Though momentum has improved, Bitcoin continues to trade below the key $78,000 level that capped several recent recovery attempts.

Bitcoin Rebounds Ahead of Inflation and Growth Data

Specifically, Bitcoin briefly dipped toward $76,000 late May 24 before staging a steady recovery throughout May 25. According to the latest market data on May 25, BTC is trading at $77,472.90, up 0.9% over the past 24 hours and sitting near the highest levels seen since last week’s selloff.

Its current price also indicates a 0.7% advance across the previous seven days, and a 0.1% decline over the last month, as the most recent charts demonstrate.

Bitcoin 24-hour chart.
Bitcoin 24-hour chart. Source: CoinGecko

The rebound comes ahead of several closely watched macroeconomic releases that could influence risk assets. Markets are preparing for U.S. consumer confidence figures, first-quarter GDP revisions, and the latest Personal Consumption Expenditures (PCE) inflation report later this week.

Traders will be watching whether Bitcoin can finally reclaim the $78,000 zone, which has repeatedly acted as short-term resistance. A break above that level could strengthen bullish momentum, whereas another rejection may keep BTC range-bound near current prices.

Altcoins Mixed As HYPE Extends Leadership

The wider crypto market showed little conviction despite Bitcoin’s recovery. Ethereum (ETH) hovered near $2,116 and remained slightly negative on the day, XRP traded around $1.36, and Solana (SOL) slipped roughly 0.5%.

BNB gained 0.4% to around $663, and Tron (TRX) added nearly 1%, making them among the stronger performers in the large-cap segment. Hyperliquid’s HYPE token continued to outperform the wider market, rising to about $63.6 and extending gains after last week’s rally.

Elsewhere, Zcash (ZEC) climbed nearly 3% to lead the major-cap gainers, whereas Stellar (XLM) and Toncoin (TON) posted moderate advances. On the downside, Sui (SUI) fell close to 2%, which made it one of the weakest performers among the largest cryptocurrencies.

Crypto heatmap.
Crypto heatmap. Source: Quantify Crypto

For now, the crypto market remains largely in consolidation mode, and traders are waiting for fresh macroeconomic catalysts before committing to the next major move.

The post BTC Bulls Retake Control After Weekend Shakeout appeared first on TechGaged.com.

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