Pre-market trading shows signs of stabilization, with bitcoin rebounding above $66,000 after briefly falling to $64,400 on Sunday.
The move higher comes amid continued uncertainty over President Trump’s proposed tariffs and US tensions with Iran, factors that have weighed on broader risk sentiment.
Strategy (MSTR), the largest publicly traded holder of bitcoin, is down 2% in premarket trading as it prepares to announce its 100th bitcoin purchase since it began its BTC treasury strategy in 2020.
Other crypto-related stocks have also pared earlier losses, with MARA Holdings (MARA), Coinbase (COIN), and Bullish (BLSH) each down around 2%, trimming earlier steeper declines. AI-focused miners such as IREN (IREN) and Cipher Mining (CIFR) fare slightly better, starting around 1%.
The sharp drop on Sunday pushed the fear and greed index down to 6, marking fresh lows and extending a seven-day stretch of extreme fear. Despite that, bitcoin’s recovery suggests a waning buying interest is emerging at lower levels.
The broader sell-off appears to be relatively contained in technology. Invesco QQQ (QQQ) is down just 0.3%, while the iShares Expanded Tech Software Sector ETF, (IGV), is lower by 1% near $80, underscoring the ongoing correlation between bitcoin and software stocks.
Precious metals are the clear benefits of risk aversion. Gold has risen above $5,100 an ounce and silver is nearing $87. Meanwhile, the DXY index is hovering just below 98, reflecting a firm US dollar weighing on risk appetite.



