Uncertainty Relieves, Crypto Rebounds
The crypto market rebounded at the start of the week. Bitcoin (BTC) re-entered the $111,000 area, while Ethereum (ETH) held below $4,000, marking a recovery after last week's sell-off. This rally also dragged some altcoins higher, signaling improved sentiment across the crypto asset class.
Today's gains followed volatility sparked by news of US-China tariffs, as market participants reassessed the outlook for demand for riskier assets and hedge funds. Structural catalysts remain positive: anticipation of new crypto ETFs and growing institutional interest in the US, as highlighted by mutual fund analysts. Corporate news flow, on the other hand, was supportive—Ripple-backed Evernorth's plan to list on the Nasdaq to accumulate XRP, which moved above $2.5, bolstered the institutional adoption narrative. Crypto-related stocks also rallied as BTC reclaimed key levels, further boosting market sentiment.
Looking ahead, investors are focused on US data releases (inflation/growth), the direction of the dollar, and policy developments that could impact global liquidity. If macro volatility subsides and institutional fund flows resume, crypto capitalization has the potential to maintain its recovery trend. However, trade and regulatory uncertainty remain risks, so the price range is likely to remain wide in the short term. Disciplined risk management and monitoring headlines will be crucial for market participants in the coming sessions.
Source: Newsmaker.id