On Tuesday, Bitcoin and other cryptocurrencies recovered some of the losses from the previous day. Bitcoin rose by 3.5% to $55,051.74, while Ethereum increased by over 2% to $2,457.73. This rebound also influenced related stocks like Coinbase and MicroStrategy, which saw premarket gains of around 2%. The sell-off had been driven by various factors, including economic concerns and geopolitical tensions. However, analysts like Matt Hougan of Bitwise Asset Management see this as a buying opportunity, suggesting that fundamental aspects of Bitcoin remain strong and that potential easing by the Fed could act as a catalyst for further gains​.