Bitcoin’s Rebound Offers Hope Amidst Market Dip

After experiencing a downturn at the start of the week, the cryptocurrency market witnessed a resurgence, with Bitcoin notably rebounding above $86,000. This upward trajectory, attributed to growing DeFi applications and increased institutional investments, marked a pivotal moment in the market’s recent volatility. XRP faced challenges while maintaining its position above the crucial $2 level, with traders anticipating a potential resistance at $2.20.