#加密市场反弹

Recently, the cryptocurrency market has welcomed a remarkable strong rebound.

According to SoSoValue data, on May 9th, ETH saw a daily increase

of up to 22%, with prices breaking through $2300.

BTC also performed impressively, not only returning to the $100,000 mark

but also briefly surpassing $104,000, with a market value exceeding $2 trillion,

overcoming Amazon, ranking fifth in global asset market value.

The macroeconomic policies behind this rebound have played an important role.

The Federal Reserve maintained interest rates, and the market's expectations for future rate cuts strengthened,

promoting the rise of risk asset prices.

At the same time, whales, institutions, and investors (retail investors, 'chives') actively entered the market,

in the past three weeks, Bitcoin-related ETFs attracted about $5.3 billion in capital inflow,

greatly boosting market confidence.

In addition, the United States and the United Kingdom reached a new trade agreement,

easing trade tensions and enhancing investors' risk appetite,

injecting momentum into the cryptocurrency market rebound.