Bitcoin recovered to $86,100 on Sunday after falling to $80,500, rising 2.5% in 24 hours as Strategy CEO Michael Saylor disputed concerns over MSCI's potential index removal. MSCI announced on October 10 that companies holding over 50% of assets in digital currencies may be delisted from its equity indices. JPMorgan warned Strategy could face up to $8.8 billion in outflows if multiple index providers follow suit, according to a research report published Wednesday.

Bitcoin's weekly Relative Strength Index declined to 35.73 on Thursday, its lowest level since December 2022. The Crypto Fear and Greed Index temporarily fell to 10, below readings seen during the FTX collapse. BTC dropped to $85,000 amid a broader equity market selloff.

Ethereum has recovered above the $3,000 level after dropping below that threshold earlier this week for the first time since mid-July. Large-scale investors accumulated over $1 billion in ETH during the recent decline, according to 10x Research. The asset had peaked at $4,953 on August 24 before entering a prolonged downtrend.