Bitcoin Rallies Back from 14-Month Low, Triggering $740M in Liquidations: BTC, ETH

[Para 1: The Lead] Bitcoin (BTC) rallied back from a 14-month low of $72,900 to $76,800, a $4,900 recovery, following a sharp decline. Ethereum (ETH) also bounced back from session lows, gaining 10% to $2,300. The market volatility triggered $740 million in liquidations across digital asset derivatives, predominantly affecting long positions. [Para 2-3: Supporting details & Context] The rally came as U.S. government shutdown concerns eased with a deal reached to end the partial shutdown. Nvidia (NVDA) CEO Jensen Huang's reassurance about OpenAI stability, amid AI sector worries, bolstered market sentiment. Despite the rebound, a technical breakdown in Bitcoin, signaling a potential deeper correction, remains a concern. Analysts like Benjamin Cowen predict a short-term countertrend rally, noting historical patterns where prior lows are broken, often trigger relief rallies.