Crypto markets rallied on Sunday as Bitcoin showed an extreme oversold signal and more than $200 million in liquidations helped ease selling pressure on major tokens.
bitcoin was trading near $86,466 at 1:36 pm UTC, rising about 2.7% from where crypto analyst Ali Martinez highlighted the move earlier in the day. Martinez said at 11:19 a.m. 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 taken the market too far, too fast.
The chart he shared showed that Bitcoin’s last two declines in this zone in 2023 and March 2025 were followed by short-term rebounds. BTC was near $84,173 when he posted.
The broader market advanced along with Bitcoin’s recovery. The total crypto market capitalization rose 3.29% in the last 24 hours to $2.95 trillion, according to CoinMarketCap, with most of the top 20 non-stable assets rising.
Ether gained 4.5% to around $2,835, while solana BNB, DOGE, ADA, and TRX also recorded daily increases. Many remain deeply bearish for the month, but Sunday’s gains suggested sellers may be tired after weeks of pressure.
Zcash and XRP made some of the most notable moves. XRP rose 7.7% to approximately $2.04. ZEC rose 14.1% to $574.05, extending a rally that has lifted it 113.5% over the past month and more than 922% so far this year. Privacy-focused tokens including ZEC and Monero They have outperformed most other sectors in recent weeks.
The rally came after a strong round of derivatives sell-offs. CoinGlass reported that around 117,928 traders were liquidated in the last 24 hours, for a total of approximately $206.39 million, including a $3.03 million HYPE-USD position on the Hyperliquid exchange, the largest single liquidation of the day. The weekend’s tight liquidity likely magnified both the slowdown and the bounce, a recurring feature of Sunday cryptocurrency trading.
Despite the rebound, sentiment remained fragile. The Crypto Fear and Greed Index stood at 10, signaling extreme caution as traders watch to see if the latest bounce can turn into a more lasting momentum shift.
