Shiba Inu price rebounded earlier on Tuesday during the London trading session, recovering some of the losses from the previous day's downturn. The SHIB price chart looks bullish as the asset was one of the largest gainers in the market-wide recovery. It showed one of the highest correlations to Bitcoin, reflecting strong market sentiment.
The strong correlation to Bitcoin highlights Shiba Inu's potential for further gains if the market continues to recover. The 16% gain positions SHIB as a significant player in the ongoing recovery trend.
