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Crypto market recovers from heavy sell-offs, boosted by macro trends

The cryptocurrency market has seen a 1.1% increase in global market cap, signaling recovery after heavy liquidation events. With Bitcoin (BTC) now trading at 82,299 USD and Ethereum (ETH) seeing significant liquidations, the market is responding positively to easing geopolitical tensions.

In the past 24 hours, total liquidations amounted to 384.4 million USD, down from previous highs, with Bitcoin accounting for 186.7 million USD and Ethereum for 73.6 million USD. This stabilization comes amid renewed political and diplomatic developments.

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