The crypto market has rebounded, with Bitcoin rising 10% over the last eight days and Ethereum up 12% in the same period. The total market cap is now up about 2.95% to $2.47 trillion in 24 hours, adding roughly $209 billion in value. 

Why Crypto Is Rallying

The primary driver is Japan’s regulatory momentum. The Japanese cabinet has approved a bill that classifies crypto as official “financial products,” giving institutions more confidence to treat crypto similarly to traditional assets.

Secondary factors include:

• Reduced geopolitical risk from Iran ceasefire talks
• Strong technical momentum, with Bitcoin now testing a very important resistance zone

Near‑term, the outlook remains bullish if Bitcoin holds its $69,000–$70,000 support…