Bitcoin bounces back! 🚀 Nearing $60K after a 6.4% surge in 24 hours, BTC shows resilience despite recent downturns. Ripple’s XRP also soared 22% thanks to a favorable court ruling. Investors are optimistic that funds from FTX’s creditor payout will flow back into the crypto market.
Economists are split on a US recession, adding to crypto volatility. JPMorgan stays cautious, warning of potential resistance ahead. Yet, institutional investors are buying the dip, driving renewed interest.
Crypto’s future looks bright but bumpy—stay tuned! 🌟