Bitcoin steadies near $87,000 after sharp rebound from $84,000 slump

Bitcoin stabilized near $87,000 after a dip, while Ethereum hovered around $2,807. Despite a recent rebound, broader market sentiment remains cautious due to ongoing volatility and significant weekly losses for many altcoins. Investors are closely watching macro economic indicators, particularly U.S. inflation data and Federal Reserve rate expectations, for future market direction.