#MarketRebound The cryptocurrency market has recently experienced significant volatility, with notable fluctuations in major digital assets.

Bitcoin (BTC) has seen a decline, influenced by the Federal Reserve’s cautious outlook for 2025, which includes a slower pace of interest rate cuts. This stance has dampened investor enthusiasm, as lower rates typically boost cryptocurrency prices. 

Despite this downturn, Bitcoin remains up over 100% for the year, driven by President-elect Donald Trump’s pro-crypto stance. Trump’s recent appointments of crypto advocates, such as Stephen Miran as Chair of the Council of Economic Advisers, signal potential future regulatory support for digital currencies. 

Other major cryptocurrencies have mirrored Bitcoin’s movements. Ethereum (ETH) has experienced fluctuations, with recent gains of approximately 2.67%. BNB and XRP have also shown positive movements, with increases of about 3.08% and 2.28%, respectively.

The broader crypto market capitalization has retreated to $3.3 trillion, indicating a critical juncture. Analysts suggest that for Bitcoin to initiate a recovery, it needs to reclaim the $98,750 level and eventually break above $100,000. Failure to do so could intensify selling pressure, pushing Bitcoin further down. 

In summary, while the crypto market is currently experiencing a downturn, the long-term outlook remains cautiously optimistic, contingent on regulatory developments and macroeconomic factors.