#MarketRebound

The cryptocurrency market has recently experienced significant volatility, with notable fluctuations in major digital assets.

Bitcoin (BTC) reached a new record high near $108,000 earlier this month but faced a sharp pullback following the Federal Reserve's hawkish stance, dropping to around $93,545.

Ethereum (ETH) also saw substantial movement, hitting a high of $4,105 on December 16 before experiencing declines.

The broader cryptocurrency market mirrored these trends, with altcoins such as XRP and Cardano (ADA) experiencing similar volatility.

This market turbulence has been influenced by various factors, including macroeconomic policies and regulatory developments.

President-elect Donald Trump's pro-crypto stance has injected optimism into the market, with plans to make the U.S. the "crypto capital of the world" and appointing crypto-friendly officials to key positions.

However, the Federal Reserve's recent indications of a slower pace of interest rate cuts in 2025 have tempered some of this enthusiasm,