Hi everyone !

The crypto market has shown signs of rebounding, driven by the easing of US-EU trade tensions. Bitcoin (BTC) regained 2% to trade above $110,000, while major altcoins like Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), and Cardano (ADA) saw gains of 3-4%. This rebound is attributed to US President Donald Trump's announcement to delay the proposed 50% tariff on European imports to July 9, which has boosted investor sentiment .

Key Factors Influencing the Crypto Market:

- US-EU Trade Tensions: The delay in tariffs has led to a temporary easing of trade tensions, supporting risky assets like cryptocurrencies.

- Institutional Demand: US spot Bitcoin Exchange Traded Funds (ETFs) recorded a total inflow of $2.75 billion last week, the highest since late April, boosting investor confidence.

- Market Sentiment: The Relative Strength Index (RSI) for BTC/USD indicates room for further gains before entering overbought territory, while the Moving Average Convergence Divergence (MACD) indicator shows indecisiveness among traders .

Overall, the crypto market's rebound is a positive sign, but investors should remain cautious due to potential risks and uncertainties. Staying informed about market trends, economic data, and global events will be crucial for navigating the crypto space .

#MarketRebound #TrumpTariffs #Bitcoin2025 #BinanceHODLerHAEDAL #ETHMarketWatch