The recent cryptocurrency market shows a rebound trend. On June 3, Bitcoin rose by 1.03%, breaking through $106,000, while Ethereum increased by 4.72% within 24 hours, returning above $2,600. Segments such as Meme, Layer2, RWA, and DeFi also saw significant increases. On June 10, Bitcoin even returned above the $110,000 mark.

The rebound in the cryptocurrency market can be attributed to the following reasons: first, macroeconomic factors, such as Trump signaling relaxed tariffs, alleviating trade tensions and reducing market risk aversion. At the same time, expectations for U.S. economic data and shifts in policy direction have attracted funds into the cryptocurrency market. For instance, Circle chose a favorable timing for its listing, which boosted market optimism. Second, the development within the cryptocurrency industry itself, with an influx of ETF funds warming up, improving Bitcoin's market structure. Additionally, venture capital is expected to make a strong comeback in 2025, with the establishment of U.S. administrative and legislative bodies supporting cryptocurrencies, increasing regulatory clarity, and a growing number of traditional financial institutions entering the cryptocurrency space, driving waves of collaboration and acquisitions. Third, technological innovations are driving the market, such as Ethereum implementing the Pectra upgrade, introducing key technological improvements that propelled Ethereum's price increase. Moreover, the AI sector has performed outstandingly in the cryptocurrency field, reflecting the market's confidence in the application of AI technology in this domain.