The crypto market is showing signs of life as the global economic outlook improves. A reversal in US treasury yields and a decline in inflation expectations have sparked a rally in risk assets, including crypto. With Bitcoin breaking above $24,000, we're seeing a surge in momentum across the altcoin space. Key levels to watch: $25,000 for Bitcoin and $1,500 for Ethereum. A break above these levels could signal a more sustained recovery.

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Fascinating to see the crypto market responding to positive economic trends. Breaking above key levels could indeed signal a more sustained recovery, but investors should remain cautious and monitor the market's progress closely.