Crypto Assets market pauses after Rebound

According to Alexander Kuptsikevich of FXStreet, the crypto market capitalization rose 0.4% on the day to $3.27 trillion, stabilizing near the level of a week ago. From a technical point of view, the market has rebounded sharply after falling below the 200-day moving average in recent days, confirming that it has turned from resistance to support.

The trading price of Bitcoin fluctuates around $106,000, returning above the 50-day moving average, although the increase is minimal. The trend over the past three days indicates that Bitcoin is rapidly challenging its peak. However, Bitcoin is still nearly 5% lower than its peak, showing a more cautious performance compared to the Nasdaq 100 index, which set a historical high on Tuesday evening.

If the positive momentum of Crypto Assets stocks continues, they will soon catch up with traditional finance. In addition, bulls have successfully reclaimed some important levels, such as the entire market rebounding from the 200-day moving average and BTC returning above the 50-day moving average.

Data from eToro shows that private investors in the United States are actively increasing their investments in cryptocurrencies against the backdrop of heightened geopolitical tensions and a weakening dollar. About 58% of retail investors are actively adjusting their portfolios to increase the share of cryptocurrencies. ProCap Financial, a cryptocurrency company founded by Anthony Pompliano, has announced its entry into the U.S. stock market through a merger with a publicly traded company. The deal will attract more than $750 million in Bitcoin investment.

According to a study by Coinshares, 80% of investors need advice on using cryptocurrency, but many are skeptical about the competence of financial advisors. 75% of respondents are interested in this direction and are exploring the possibility of buying cryptocurrency. 89% of existing holders plan to increase their investment in 2025.