๐ Altcoins bounce back! After a crypto Black Monday, tokens like Pepe, Solana, JasmyCoin, and Bonk surged by double digits. Here's why:
- **Global Trade Hopes:** Optimism around US trade negotiations with countries like Israel and Japan boosts risk-on sentiment.
- **Fed Rate Cuts:** Wall Street analysts foresee interest rate cuts, with odds rising for a May cut. Altcoins thrive in such environments.
- **Dead Cat Bounce?** Some speculate this rebound might be a temporary bull trap.
What do you think? Share your thoughts in the comments! ๐ฌ