#ReboundRally From recent drawdown last week, the crypto market has started recovering. On Tuesday Bitcoin (BTC) and the overall crypto currency market rose by 5%, as major assets that had experienced significant declines last week, are going for a recovery.
The general crypto market is going through a rally on Christmas Eve, having a recovery time from the recent market drawdown last week.
The top most assets that includes Bitcoin (BTC), Ethereum, XRP, Solana, and Dogecoin had a rebound fueled by increased buy-side pressure among the holiday traders.
Another main reason for the recovery of the price could be expectations of the crypto market picking up it's uptrend after the holidays come to a close.