#MarketRebound
In the last 24 hours, the cryptocurrency market has experienced a significant rebound, driven by a recovery in investor confidence and increased demand in the spot markets.
The performances of the main cryptocurrencies
• Bitcoin (BTC): BTC has crossed the threshold of 100,000 $ for the first time since December 2024, reaching a peak of $102,000, an increase of 4.3% for the day.
• Ethereum (ETH): ETH has risen by 2.8%, reaching $3,700.
• Solana (SOL): SOL recorded an increase of 4.5%, exceeding $220.
• XRP: XRP reached $2.66, its highest level since the beginning of the year, supported by optimism surrounding a potential ETF approval.
• Dogecoin (DOGE): DOGE surged by 11%, erasing previous losses.
Key factors of the rebound
• Institutional demand: Significant purchases, such as 1,020 BTC by MicroStrategy, have strengthened the upward momentum.
• Influx into ETFs: Spot Bitcoin ETFs recorded net inflows of $908 million, signaling renewed interest from investors.
• Stability of futures markets: Neutral funding rates in futures markets suggest a recovery supported by the spot market rather than speculative positions.
Macroeconomic considerations
Despite uncertainties related to monetary policies and trade tensions, the cryptocurrency market has shown notable resilience, contrasting with the more volatile performances of traditional markets.
In summary, the cryptocurrency market has initiated a robust recovery, supported by a combination of technical and fundamental factors, boosting investor optimism for the rest of 2025.
