Recently, the cryptocurrency market has seen a bullish recovery, particularly among top altcoins. As Bitcoin attempts to reclaim the $58K mark during the early Asian trading hours, other notable altcoins have experienced a significant uptick in their prices.
Ethereum has also shown similar bullish behavior. Over the past day, its price action has mirrored that of Bitcoin, leading to a positive market sentiment.
This positive trend has resulted in many altcoins recording a double-digit jump in their respective values, signaling potential buying opportunities before Ethereum reaches the $2.5K mark.