#CryptoMarketRebounds The crypto market showed signs of recovery with yesterday's sharp rise! Bitcoin (BTC) made a strong rebound from its lows around $60,000 during the day, climbing to the $69,000 range and gaining approximately 7-10%. Ethereum (ETH) showed an even more impressive performance, rising around 12-15% and surpassing the $2,000 level, settling in the $2,050-$2,100 range.
This rebound was accelerated by the liquidation of short positions; around $400-500 million in short positions were crushed in the last 24 hours. The total crypto market capitalization increased by 4-4.5%, appro