Crypto rebounds from oversold levels, altcoin season indicator revisits January high

Bitcoin rose as much as 3.7% overnight before paring gains, while altcoins outperformed and the altcoin season indicator hit its highest level since January. What to know : BTC climbed as much as 3.7% before trimming gains to remain 2.4% higher near $65,600, within its three-week range. SOL and ADA added 4.5%, while VIRTUAL, ETHFI and MORPHO posted advances of more than 10%, helping send the altcoin season metric back to its January high. The Relative Strength Index (RSI) bounced from oversold to neutral, hinting at consolidation. Equities edged higher, and silver’s 4% jump suggests speculative risk appetite.(Coindesk)