While the rebound seems to have stalled slightly, it will be a relief to investors to see cryptocurrencies stabilizing after a period of heavy selling pressure.

Regardless of what happens, you aren't powerless in the face of the market. If you're afraid, there are ways you can prepare.

Bitcoin (BTC) price hovers around $82,500 on Wednesday after recovering 5.52% the previous day. A K33 report highlights heavy sell-offs in equities and crypto markets amid rising concerns over a fragile global economy. Traders should remain cautious as the upcoming US macro data releases could bring more volatility in risky assets like Bitcoin.