Bitcoin rebounds above $75,000 after brief slide as thin liquidity keeps traders on edge
coindesk|2026年02月02日 04:17
The bounce came as China factory data showed only mild growth, offering background support while dollar strength and thin exchange depth limit upside.
What to know : Bitcoin briefly broke support before rebounding above $76,000 in a V-shaped move, underscoring how thin liquidity is amplifying both selloffs and recoveries. The latest China manufacturing data offers modest macro stability but, given Beijing’s tight control of the yuan and limited new stimulus, acts more as background context than a direct catalyst for bitcoin. With weekend trading thinning order books and sidelining major institutions, bitcoin’s price remains driven largely by leverage, positioning and shallow market depth rather than by fundamental economic shifts.
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