Analysis: Bitcoin returns to $66,000, Strategy may welcome the 100th increase, cryptocurrency concept stocks stabilize before the market opens

According to CoinDesk, as macro uncertainty continues to disrupt the market, Bitcoin has rebounded and re-established itself above the $66,000 mark. There are signs of stabilization in pre-market trading for cryptocurrencies and related stocks. As the publicly traded company with the largest Bitcoin holdings globally, Strategy saw a pre-market decline of about 2%. The company may be approaching its 100th Bitcoin purchase since launching its Bitcoin treasury strategy in 2020.

In terms of market sentiment indicators, the Crypto Fear and Greed Index has dropped to 6, hitting a new phase low and remaining in the "extreme fear" range for seven consecutive days. However, Bitcoin has quickly recovered some of its losses, indicating a certain demand for bottom-fishing at lower levels.