📊 Crypto Market Update

The overall crypto market is showing early signs of recovery. Bitcoin has rebounded strongly, climbing back above $73,000 after briefly dropping to $63,000 last week. The move is supported by institutional buying and short liquidations.

Major financial institutions like Citigroup, Morgan Stanley, and Barclays are expanding into crypto custody and blockchain services, signaling growing long-term confidence in the sector.

Regulatory clarity is also improving, with the U.S. Securities and Exchange Commission and Commodity Futures Trading Commission working on clearer frameworks for digital assets.

However, the recovery is uneven. While Bitcoin is gaining strength, many altcoins remain near their lows, suggesting capital is still concentrated in BTC rather than the broader market.

📌 Bottom line: The market is recovering, but we are in a selective phase where Bitcoin is leading and a broader altcoin rally has yet to begin.