#MarketRebound Price Action:
* Bitcoin (BTC) is currently trading around $79,000 - $83,500. Sources show slight discrepancies in the exact real-time price.
* Over the last 24 hours, Bitcoin has shown some positive movement, with increases ranging from +0.10% to +9.01% reported across different sources. This suggests a potential recovery after the recent downturn.
* However, looking at the past week, Bitcoin is still down, with losses around 5% to 10%.
Key News & Factors:
*The recent market volatility has been largely attributed to escalating global trade tensions and the U.S. tariffs on Chinese imports. While this remains a concern, the market seems to be experiencing a temporary relief or a "buy the dip" scenario.
*Cardano (ADA) continues to be in the news with Grayscale increasing its ADA holdings and speculation about a partnership with Ripple, although the broader market downturn had initially impacted its price as well.
*Spot Bitcoin ETFs had reported a streak of net inflows recently, suggesting continued institutional demand, although the impact of the broader market sentiment is currently overriding this.