Bitcoin rebounds alongside broader markets

Bitcoin (BTC-USD) rose ~6% Tuesday morning, trading at more than $90K, after logging its worst day since March.

The cryptocurrency fell below $85K on Monday amid a broader risk-off sentiment and a $400M exchange liquidation.

Ben Emons, founder and CIO of Fedwatch Advisors, reportedly told CNBC News that there was sizable leverage across bitcoin exchanges, and more such liquidations can be expected "if bitcoin prices don't get off the lows from here".

Crypto-linked stocks were also trading higher as Wall Street's major averages recovered a day after the selloff.

Related stocks: Strategy (MSTR) +5.72%, Coinbase Global (COIN) +3.57%, MARA Holdings (MARA) +4.69%, Bitmine Immersion Technologies (BMNR) +9.64%, Bakkt Holdings (BKKT) +2.53%, SharpLink (SBET) +7.29%, Gemini (GEMI) +2.73%, Bullish (BLSH) +6.64%.

Other cryptocurrencies: Ethereum (ETH-USD) +7.56%, Ripple (XRP-USD) +6.03%, Dogecoin (DOGE-USD) +7.92%, Solana (SOL-USD) +9.56%.