US Consumer Data Sparks Relief Rally in Bitcoin, Gold, and Stocks

Global markets staged a broad rebound on February 6 after a sharp sell-off the previous day pushed stocks, crypto, and commodities into deeply oversold territory. Bitcoin recovered to around $70,000, while US equities, gold, and silver also advanced, driven by technical buying and easing near-term macro fears. The recovery followed a violent deleveraging phase rather than a shift in fundamentals. Technical Levels Sparked The Initial Bounce The rebound began after key technical levels held across asset classes source: https://beincrypto.com/bitcoin-gold-stocks-relief-rally-us-consumer-data/