#MarketRebound eth$ETH
The recovery of the cryptocurrency market is a hot topic, especially after the recent volatility caused by Trump's tariff policies. Here's what is happening:
*Recent market movement:*
- The global cryptocurrency market capitalization has increased by 8.75% to $3.31 trillion, demonstrating resilience to macroeconomic shocks.
- Bitcoin has once again reached $101,000, rising by 7.14% in 24 hours, while Ethereum climbed 12% to $2,809.
- Altcoins led the recovery, with XRP jumping 23.34%, and Cardano, Sui, Pepe, Ondo, Aptos, and Mantle showing growth of over 20%.
*Forecasts and outlook:*
- Coinbase expects a potential recovery in the second half of 2025, citing a decrease in the cryptocurrency market and bearish signals.
- According to Coinbase's global research head, David Duong, the market is likely to change direction explosively when sentiment recovers.
- Some analysts predict a recovery beginning in August, with the cryptocurrency market consolidating after the recent price surge triggered by the pause in tariffs ² ³.
*Key factors:*
- *Tariff policies*: Trump's announcement on tariffs caused significant market volatility, but a temporary pause on some tariffs has led to recovery.