Dogecoin and Avalanche have led a rebound in the cryptocurrency market, both rising approximately 9.8% and 9.4% in the past 24 hours, respectively. Overall, many cryptocurrencies have seen significant price increases, pushing the total crypto market cap to $2.62 trillion. However, both DOGE and AVAX are still down compared to their prices from the previous week and month. Dogecoin is 9.8% lower than last week and down 16.4% month-on-month, while Avalanche has seen similar declines. Despite the temporary market boost, analysts anticipate continued volatility due to external economic pressures, particularly from recent developments related to tariffs from the Trump administration. Notably, institutional investments have been retreating from crypto assets, with significant outflows from Bitcoin ETFs. The long-term outlook remains optimistic among some investors, though they warn of potential short-term challenges, with predictions of a further 20% decline in the market possible, presenting buying opportunities amidst turbulence.

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