Crypto Market Rebounds Cautiously Amid Macro Risk Easing

The crypto market has experienced a cautious rebound in recent weeks, driven by a temporary easing of macro risks. This trend is reflected in the performance of major cryptocurrencies, with Bitcoin rising about 2.5% and Ethereum 3.9%, alongside net inflows into spot BTC ETFs and ETH ETFs.

However, market sentiment remains locked in 'extreme fear' at 11, underscoring how flows remain cautious despite price relief. The rebound is selective, with some assets performing better than others. For example, Toncoin has gained 15.9% on the back of network upgrades.