Bitcoin has increased nearly 5% over 24 hours, trading at 83,119.66 USD, while XRP and Solana have risen by 6% and 6.5%, reaching 2.20 USD and 127.00 USD respectively.

Despite these gains, Bitcoin is still down approximately 24% from its all-time high of nearly 109,000 USD in January. Overall, the crypto market has increased by more than 2%.

Market analysts are uncertain about the factors driving this recovery, particularly given ongoing macroeconomic challenges that affect investor confidence.