Bitcoin has recently rebounded, trading just below $57,000 as of press time, marking a 4% increase over the past 24 hours. This comes after a challenging start to September, where Bitcoin struggled to regain its footing.
Despite this recovery, Bitcoin remains significantly down, over 20% from its all-time high of more than $73,000 achieved in March. The cryptocurrency market has been volatile, affecting not just Bitcoin but also leading altcoins.
The attention has now shifted to whether Ethereum will follow Bitcoin's recent recovery or if Solana will break away and shine on its own. Both Ethereum and Solana have substantial potential and are closely watched by investors.