#MarketRebound

The cryptocurrency market is experiencing a rebound after contracting. There are a number of indicators towards such a rebound:

*Performance of Bitcoin: Bitcoin has seen tremendous upward movement, going over $87,000 and even hitting above $90,000. This is its highest since late March. This is attributed to diminishing trade war tensions driving a more optimistic market outlook, with some even imagining a possible return of Bitcoin to the $100,000 mark.

*Increase in Market Capitalization: The overall cryptocurrency market capitalization has increased, reflecting increased investor confidence.

*Altcoin Recovery: While the altcoin market cap had previously shrunk, recovery is being shown in some of the altcoins with some showing double-digit percentage gains last week. For instance, Solana has shown good recovery, trying to get back to a bullish trend. Meme coins are also showing significant gains.

*Increased Trading Volume: The 24-hour total trading volume of the whole crypto space and that of specific cryptos like Bitcoin has increased, which indicates higher activity and interest.

*Technical Breakouts: Bitcoin has busted through some technical charts, including a falling wedge, which is generally seen as a bullish signal that could eventually result in additional rallies.