Crypto Market Shows Signs of Life: Bitcoin Rebounds Above $103K, Altcoins Attempt Recovery

The crypto market experienced a notable rebound on Wednesday morning, with Bitcoin exceeding the crucial $103,900 level. This positive shift comes after a sharp sell-off earlier in the week, and analysts attribute the recovery to growing DeFi activity and increased institutional interest. Meanwhile, Ethereum saw a 2% increase, climbing above $3,435, though it remains vulnerable to further declines.