Bitcoin rebounded nearly 4% to recover some of yesterday's losses. This week, the market focused on the FOMC meeting and technology stock earnings reports

According to TechFlow, CoinDesk reported that after more than $1 billion in futures liquidation on Monday and the CoinDesk 20 index fell 8.5%, Bitcoin rebounded nearly 4% in the past 24 hours, alleviating some of Monday's losses.

During this period, the TRUMP token rose by 12%, leading the rise of medium-sized tokens with a market value of less than $5 billion. Part of the increase in major tokens came from Tuttle Capital's submission of the first 2x leveraged ETF in the United States on Monday. The product's proposed return rate will reach 200% of the daily price performance of almost all major tokens as well as BONK, TRUMP and MELANIA.

Nick Ruck, director of LVRG Research, told CoinDesk that Chinese AI company DeepSeek has surpassed OpenAI, which is valued at $157 billion, with a budget of $6 million. Although it has caused market fluctuations, it actually brings buying opportunities for cryptocurrencies. He believes that crypto projects can integrate DeepSeek's open source model to improve efficiency, and is optimistic about Bitcoin in the long run, because relevant policies will be conducive to the development of the crypto industry in and outside the United States.

The market is paying attention to the FOMC meeting held on January 28-29, and the Federal Reserve is expected to keep interest rates unchanged. At the same time, the financial reports of technology giants such as Apple, Meta and ASML this week may also affect market risk appetite.