#ReboundRally
The crypto market has begun recovering from recent drawdowns last week.Recent price action points to a buy-side bias among active holiday traders who anticipate a crypto 'Santa rally.'Investors could be shifting attention toward altcoins this holiday season following increased inflows in Ethereum ETFs and altcoins' outperformance.
Bitcoin (BTC) and the overall cryptocurrency market rose by 5% on Tuesday as major assets are attempting to recover from the significant declines experienced last week. Altcoins have become the main focus of this market uptrend, suggesting that investor optimism may be driving the 'Santa rally.'