#ReboundRally Institutional Adoption:
Major financial institutions have shown renewed interest in cryptocurrency investments. Recent announcements of Bitcoin ETFs and partnerships with blockchain companies have added legitimacy to the market.
Technological Advancements:
Upgrades like Ethereum’s transition to proof-of-stake (The Merge) and Bitcoin’s upcoming halving event have sparked excitement about the future scalability and sustainability of these networks.
Regulatory Clarity:
Governments worldwide are beginning to provide clearer guidelines for the use and trading of cryptocurrencies. This regulatory transparency has alleviated some of the uncertainty that previously weighed on the market.