Bitcoin Nears $70,000 as Crypto Market Gains Amid Improving Macro Sentiment

Bitcoin and Ethereum surged over 3% recently, with Bitcoin nearing $70,000 amid improving investor sentiment driven by strong macroeconomic data, tech earnings, and short liquidations. The broader crypto market saw gains across major altcoins like Cardano, Solana, BNB, and XRP. Analysts note the rebound reflects a mix of structural accumulation and tactical positioning, though caution remains due to ongoing volatility and awaiting clearer macroeconomic catalysts for sustained recovery.