Crypto Market Bounces Back as Bitcoin and Ethereum Lead Recovery
The cryptocurrency market is showing signs of life today, with total market capitalization climbing to $3.63 trillion, a 2.58% increase from yesterday.
Fear remains present among investors, as indicated by the Fear & Greed Index reading of 25, but early signs suggest that market sentiment is gradually improving.
Bitcoin and Ethereum Spark the comeback
Bitcoin (BTC) and Ethereum (ETH), the two largest cryptocurrencies by market cap, have been the main drivers of today’s recovery. BTC has risen 1.09% over the past 24 hours, reaching $107,056, while ETH gained 2.57%, now trading at $3,879. Analysts note that this rebound could signal the start of a broader recovery as investors regain confidence after recent market…
