$ETH As you all can see, there has been a strong rise in currencies, especially Bitcoin, as it stabilized at $93,000, which is an unusual matter.

This happened due to the following reasons 🚧🛟

1. Beginning of the rebound:

After a sharp decline, the market started to recover gradually with improved investor confidence and a return of liquidity.

2. Reasons for the rise:

The recent increase was due to the stabilization of the inflation index and good results for key economic indicators such as the Consumer Price Index (CPI) and the unemployment rate.

3. Politics and its impact:

The recent statements from the Federal Reserve about not raising interest rates in the upcoming period gave a positive boost to the market, especially in the technology and real estate sectors.

4. Absence of analysts:

The recent movement was not driven by analysts' recommendations, but rather a direct reaction from the market to economic data.