Crypto steadies after selloff as bitcoin, ether rebound from multiyear lows

Bitcoin and ether are posting gains after a sharp market-wide decline, with derivatives traders continuing to reduce risk exposure. What to know : Bitcoin is trading near $76,100 after dipping to $72,870, while ether holds around $2,255 as markets recover from Tuesday’s lows. Futures open interest has dropped to $105.9 billion, liquidations hit $679 million in 24 hours and bitcoin implied volatility climbed to its highest level since December. Monero and zcash posted gains, while Solana-based tokens stayed weak and bitcoin dominance pushed back above 59%.(Coindesk)