Crypto Market Climbs: Bitcoin Reaches $80k Amidst Cautious Optimism

After the dramatic downturn triggered by President Trump’s tariffs in April, the crypto market is showing signs of recovery. The global cryptocurrency market cap has surged to $2.53 trillion, a 3.08% increase over the past 24 hours, indicating a potential shift in investor sentiment. Bitcoin leads the charge with an impressive climb to $79,905.69, reflecting a 2.74% rise over the last day and a slight dip from its peak of 3.63% decline over the previous week. Ethereum follows closely behind with a price increase of 2.28% within 24 hours, currently trading at $1,585.39. XRP has also experienced a notable boost, rising by 3.65%. Other major cryptocurrencies like BNB and Solana are also seeing growth, while Dogecoin and Cardano remain positive contributors to the market.