Bitcoin Price Rebounds 7% From Recent Lows Amid Ongoing Crypto Market Pressure

The Bitcoin (BTC) price has shown a notable recovery, bouncing approximately 7% from its recent lows. This upward movement provided temporary relief for the broader cryptocurrency market. However, the overall sector continues to face significant selling pressure during the U.S. trading session. Market analysts attribute the persistent pressure to a combination of macroeconomic factors and regulatory uncertainties surrounding digital assets in the United States. While the rebound in BTC is a positive signal for traders, the market sentiment remains cautious. Investors are closely monitoring key support and resistance levels to gauge whether this recovery can be sustained or if further downside is imminent for major cryptocurrencies like Ethereum (ETH) and others.