Crypto markets staged a recovery after several days of pullback, riding the coattails of a broader risk-on sentiment as equities continued their uptrend—the S&P 500 hitting fresh all-time highs. Commodities joined the party, with gold, silver, and platinum all reaching new peaks.

On the crypto side, Bitcoin bounced to $87,714 with a modest 0.8% gain, while Ethereum hovered near $2,939, essentially flat at +0.03%. The broader market cap expanded to $3.05T. However, fear still gripped traders: the Fear and Greed Index dropped to 23, signaling extreme fear conditions. Liquidations hit $133M as positions got shaken out, showing the volatility beneath the surface recovery.