The crypto market is regaining its color
The crypto market is recovering after April 7's "Black Monday." Over $1 billion in crypto was liquidated in one day. The global crypto market cap is now $2.53 trillion. It's up 3.08% from yesterday, suggesting confidence is returning.
Bitcoin is leading this fragile recovery. It is nearing $80,000 again this Tuesday. Bitcoin trades at $79,675, a 2.74% rise in 24 hours. However, it's down 3.63% for the week.
The rebound follows a drop caused by new tariffs from President Trump.
Other cryptos are also gaining ground. Ethereum (ETH) is at $1,585.39, up 2.28%. XRP is at $1.90, a 3.65% increase. Solana (SOL) jumped 7.90% to $111.29. Dogecoin (DOGE) rose 6.16% to $0.1511. Cardano (ADA) increased 5.71% to $0.5917.
This recovery arrives as some major firms face challenges. Michael Saylor's company saw $5.91 billion in unrealized losses. This was from its Bitcoin investments in early 2025, according to an SEC filing.
Despite the gains, the market remains cautious. The Fear and Greed Index is still low at 19. This signals ongoing "extreme fear" among investors. Distrust remains even as prices go up.
Bitcoin dominates, with an Altcoin Season Index of 17/100. Investors prefer Bitcoin's safety over other cryptos during uncertain times.
Trading volumes surged 18% to $82 billion in one day. This shows more activity on crypto platforms.
This offers investors some relief. Experts advise caution because volatility is expected. The market is still reacting to President Trump's economic moves. These measures continue to impact the crypto sector.