#MarketRebound In the past 24 hours, Bitcoin (BTC) has surged to a two-month high, reaching approximately 94,000 USD, marking an increase of over 11% compared to the previous two sessions.

Ethereum (ETH) also recorded a strong increase, surpassing the 1,800 USD mark, rising over 10% in the past 24 hours.

Other altcoins like XRP and Solana (SOL) also rose by 5% and 6% respectively.

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🔍 Main reasons driving the price increase

1. Positive market sentiment: The easing of tariff positions by former US President Donald Trump has alleviated concerns about the trade war, creating favorable conditions for risk assets like cryptocurrencies to rise in price.

2. Short squeeze: The unexpected price surge forced short-selling traders to buy back positions to cut losses, resulting in over 500 million USD in liquidations in the past 24 hours, contributing to pushing prices higher.

3. Institutional money flow: Bitcoin ETF funds recorded a net inflow of 381 million USD, the highest in three months, indicating confidence from institutional investors.