Green Returns to Crypto, Bitcoin After Bloodbath Week

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Bitcoin (BTC) and the wider crypto market started the week on a green footing after last week’s selloff pushed BTC below $60,000 for the first time in months. Fresh buying helped the largest cryptocurrency climb back above $63,000, and Ethereum (ETH), Solana (SOL), XRP, and several other major assets posted gains themselves. The rebound comes as traders look for signs that the market may have found at least a temporary floor after one of the most volatile stretches of 2026.

Bitcoin Reclaims Lost Ground

Indeed, Bitcoin traded around $63,350 at the time of writing, up about 3% over the past 24 hours according to the latest market data on June 8. The asset briefly dipped near $61,000 on June 7 before surging above $63,000 overnight and maintaining most of those gains throughout June 8.

The move marks a notable recovery from June 5 plunge below $60,000, which triggered widespread liquidations across crypto markets. Although BTC remains well below the levels seen at the start of last week, buyers have managed to regain control in the short term.

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Market participants continue watching the $64,000 area, which has emerged as the next major resistance zone after the latest rebound. A successful move above that level could improve sentiment after days of heavy selling pressure.

Altcoins Join the Recovery

The wider market also turned green. Ethereum climbed above $1,680 with a gain of more than 4%, and Solana rose to around $66.6. XRP added about 3.5%, and BNB reclaimed the $599 level.

Among larger-cap assets, Hyperliquid’s HYPE stood out with an 11% daily gain. Zcash (ZEC) continued recovering from last week’s security-related selloff and traded near $435 after adding almost 6%. Cardano (ADA) gained more than 3%, whereas Chainlink (LINK) advanced nearly 4%.

Only a handful of major assets remained in the red. Bitcoin Cash (BCH) fell more than 7%, and CC posted one of the steeper declines among the coins shown in the latest market heatmap.

The improvement across digital assets follows a brutal week that wiped hundreds of billions of dollars from the crypto market. Whether this rebound develops into a sustained recovery remains unclear, but traders finally have something they haven’t seen much of lately: a sea of green on the charts.