The crypto market is experiencing a rebound rally as Bitcoin (BTC) pushes toward the $100,000 mark, driven by institutional inflows, strong miner confidence, and optimism around regulatory progress. Declining Bitcoin dominance, now below 60%, has sparked renewed interest in altcoins, with tokens like Ethereum (ETH) and privacy coins such as Monero (XMR) posting significant gains.
DeFi projects and Layer-2 scaling solutions are also seeing increased activity, highlighting broader market recovery. Institutional investments, geopolitical de-escalations, and reduced macroeconomic uncertainty are fueling bullish sentiment, setting the stage for a strong finish to 2024 and a promising start to 2025.
