#ReboundRally

The crypto market experienced a significant rebound today, following a steep decline on Monday. Bitcoin, the leading cryptocurrency, surged over 9% in the last 24 hours, BTC trading at sound grounds as of 2:10 PM. Ethereum also saw a strong recovery, gaining nearly 9%.

This rebound appears to be linked to a broader recovery in global equity markets, as investors sought to regain confidence in risk-driven assets. While the crypto market remains volatile, this rebound offers a glimmer of hope for investors who suffered losses during Monday's downturn.

However, it is important to note that this rebound does not erase the losses incurred over the past week. Bitcoin is still down around 16% over the last 7 days, and Ethereum has seen a slump of more than 24%.

The crypto market remains highly sensitive to global economic and geopolitical events. As such, further volatility can be expected in the coming days and weeks.