Crypto Market Sees Slight Rebound Amid Volatility
The crypto market has seen a slight rebound over the past 24 hours, with its capitalization rising by 1.6% to $2.19T.
This increase was led by Tezos (+3.6%), Aave (+2.9%), and Bitcoin (+1.3%) among the top gainers, while smaller coins such as Immutable (-6.4%), Filecoin (-5.7%), and Cosmos (-4.8%) declined.
The sentiment index has risen to 41, which is still in the 'fear' zone but higher than it was in mid-May.
Bitcoin's price surged above $64.5K on Monday after Strategy ceased selling the asset, but its price remains balanced and volatile, with a breakout expected to trigger a sustained trend.