Crypto Market Rebounds as Inflation Data Eases, Sentiment Remains Cautious

**Crypto Market Rebounds as Bitcoin and Ethereum Show Strong Recovery Amid Easing Inflation Concerns**

The cryptocurrency market experienced a significant rebound Friday as Bitcoin (BTC) surged to $109,279.53, briefly reclaiming the crucial $110,000 resistance level. This bullish momentum follows easing inflation data that has restored investor confidence in digital assets and blockchain technology.

Ethereum (ETH) demonstrated exceptional performance, outpacing Bitcoin with impressive 3.8% gains to reach $4,016.58, successfully breaking through the psychologically important $4,000 threshold. Major altcoins followed suit, suggesting renewed institutional interest in the broader cryptocurrency ecosystem.

Despite positive price action, market sentiment remains cautiously optimistic as traders monitor macroeconomic indicators and regulatory developments. The rebound indicates potential resilience in the crypto market, with DeFi tokens and established cryptocurrencies showing coordinated upward movement.

Analysts suggest this recovery could signal a broader trend reversal, though volatility remains a key concern for institutional investors. The correlation between traditional markets and cryptocurrency prices continues influencing trading strategies across major exchanges, with Bitcoin's dominance maintaining its influence over altcoin performance in the evolving digital asset landscape.