Markets rally after Russia says some troops are returning to base following drills near Ukraine

Russia announced Tuesday that some of its troops would return to base after completing recent drills. The news proved to be a jolt for cryptocurrencies.

Bitcoin is trading above $44,000, a near 5% gain in the past two days. Some of the top Altcoins like BNB, XRP, SOL, AVAX, ADA, LUNA and DOT are showing positive recoveries, gaining from 6% to 13% in the last 24 hours.