#ReboundRally
Cryptocurrency markets have seen a remarkable recovery, with Bitcoin rising 1.5% to $96,420, after previous declines 1 .
The total market cap of cryptocurrencies has surpassed $3.67 trillion, driven by investor optimism following the US elections 42.
This recovery reflects an increase in buying and exploiting opportunities in the medium and long term, enhancing the market’s resilience and ability to recover.
Cryptocurrency markets have seen a remarkable recovery in 2024, with institutional investments expected to increase following the approval of Bitcoin and Ethereum exchange-traded funds. Bitcoin is expected to exceed $100,000*, reflecting a major shift in the market. Technical innovations such as “proto-danksharding” in Ethereum are also expected to continue, enhancing its efficiency.
However, the market remains vulnerable to volatility and external factors, requiring close monitoring of future trends.
