#BTCRebound
Bitcoin (BTC) is showing strong signs of recovery, rebounding above $84,000 after dipping to $74,000 earlier this week. This sharp upward move comes in response to the U.S. government pausing new tariffs on Chinese tech products, easing global economic pressure and reigniting investor confidence in risk assets like crypto. A cooler-than-expected U.S. CPI report has also fueled optimism, suggesting the Federal Reserve might adopt a more accommodative stance going forward. Altcoins like Ethereum (ETH), Solana (SOL), and XRP are also gaining momentum, with whale activity rising across the board. However, BlackRock CEO Larry Fink has cautioned that a potential U.S. recession could still impact the broader financial markets.
