Crypto markets climbed on Sunday as Bitcoin issued an extreme oversold signal and more than $200 million in liquidations helped ease selling pressure on major tokens.
Bitcoin was trading at nearly $86,466 as of 1:36 p.m. UTC, up about 2.7% from what crypto analyst Ali Martinez had highlighted earlier in the day. Martinez said at 11:19 UTC that Bitcoin had fallen into “extreme oversold territory” on the Relative Strength Index, a momentum indicator that measures the pace of price changes from 0 to 100. Traders often view readings below 30 as signs that sellers may have pushed the market too far, too quickly.
The chart he shared shows that Bitcoin’s last two declines to this area in 2023 and March 2025 were followed by short-term rebounds. BTC was near $84,173 when it posted.
The market as a whole has advanced alongside Bitcoin’s recovery. The total crypto market cap rose 3.29% over the past 24 hours to $2.95 trillion, according to CoinMarketCap, with most of the top 20 non-stable assets increasing.
Ether gained 4.5% to around $2,835, while Solana BNB, DOGE, ADA and TRX also posted daily gains. Many remain sharply lower for the month, but Sunday’s gains suggest sellers may be tired after weeks of pressure.
Zcash and XRP has made some of the most notable moves. XRP climbed 7.7% to around $2.04. ZEC jumped 14.1% to $574.05, extending a rally that has seen it soar 113.5% over the past month and more than 922% year to date. Privacy-focused tokens including ZEC and Monero have outperformed most other sectors in recent weeks.
This rebound follows a strong wave of liquidations of derivative products. CoinGlass reported that approximately 117,928 traders were liquidated in the past 24 hours, totaling approximately $206.39 million, including a $3.03 million HYPE-USD position on the Hyperliquid exchange, the largest liquidation of the day. The weekend’s low liquidity likely amplified both the slowdown and rebound, a recurring feature of Sunday crypto trading.
Despite the recovery, sentiment remained fragile. The Crypto Fear and Greed Index stood at 10, indicating extreme caution as traders monitor whether the latest rebound can turn into a more lasting change in momentum.
