Bulls regain control in the crypto market!
After weeks of volatility and stagnation, the cryptocurrency market is witnessing a strong recovery today, led by bulls who have made a powerful comeback. Bitcoin has risen to surpass the $116,000 mark, followed by other major currencies like Ethereum, Solana, and BNB with notable gains exceeding 3% at times.
This rise is not random but driven by several factors:
1. A decline in inflation indicators in the United States, raising hopes for interest rate cuts.
2. Renewed institutional capital flows toward Bitcoin and Ethereum ETF funds.
3. Improved global risk appetite with supportive statements from the U.S. administration regarding the regulation of cryptocurrencies.
