The cryptocurrency market has experienced a significant bullish recovery, reclaiming the $2 trillion mark with a 2.13% increase. Bitcoin has notably surged by 3.01% in the past day, reclaiming the $58K mark and recording a 24-hour high of $58,454.16. Its trading volume reached $37.023 billion.
Ethereum also demonstrated positive momentum, adding 1.32% to its value and hovering around the $3.5K mark. The market's recovery indicates a potential upward trend for major cryptocurrencies.