Bitcoin rebounded to $113,643 after a recent high of $124,000, while Ethereum saw a 3% increase, trading at $4,289. Experts suggest the crypto market is bouncing back, with major tokens gaining over 4%. Investors are closely monitoring macroeconomic indicators and awaiting Jerome Powell’s speech for insights on potential rate cuts. The overall crypto market capitalization stands at $3.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets