CoinEx Daily: Crypto Market Recovers As Bitcoin Surges Above $112,000 with Macro Optimism

Daily View

The crypto market has entered a recovery phase, with Bitcoin rebounding and surpassing the $112,000 mark. Macro sentiment is supported by a decrease in the probability of a U.S. government shutdown and growing expectations for additional Federal Reserve interest rate cuts. Meanwhile, market mood is still cautious, with analysts signaling that recent pullbacks in Bitcoin may not be complete.