Bitcoin Reclaims $66K as US Stocks Spark Risk-On Rebound

[madmax]

Bitcoin climbed back above $66,000 on Wednesday, tracking a strong rebound in US equities as investors sought to stabilize markets after a difficult start to 2026. The rally followed gains across major indexes, with the tech-heavy Nasdaq Composite rising 1.05%, the S&P 500 gaining 0.68%, and the Dow Jones Industrial Average adding 421 points. Strength in AI and technology stocks appeared to ease broader risk-off sentiment that had weighed on crypto markets.

Crypto-linked equities also posted moderate gains, including Coinbase and Strategy. Meanwhile, the Bitcoin Coinbase Premium Index flipped positive for the first time since mid-January — a sign that US-based buyers are stepping back into the market. Adding to bullish signals, spot Bitcoin ETFs recorded $258 million in net inflows on Tuesday, suggesting renewed institutional demand alongside the broader equity recovery.

[ed]

bitcoin up 1k and suddenly the recession is cancelled wtf