Crypto Market Cautiously Rebounds as Bitcoin Finds Support
The crypto market is showing signs of recovery from last week's lows, but remains in a short-term downtrend until it breaches $2.90T.
Volatility has been low, with little change from the previous day's levels at $2.87T.
The strengthening US dollar and uncertainty in equity markets are contributing to the unease, but some experts believe this could be a sign of improvement in risk appetite in traditional markets within the next few days.
Bitcoin has found support on dips to $82.5K, rising back to $84K and stabilizing within its seven-day range.
Ethereum has recorded its seventh consecutive week of growth, maintaining its bullish trend as it climbs towards the $2.8K-$3.3K range where consolidation took place from last November to this January.
Tom Lee, Chairman of, believes that tokenization and AI agents could become key drivers of growth in the crypto market during the next cycle.