The cryptocurrency market has seen a strong recovery over the past 24 hours, with more than $100 billion injected, raising the total market capitalization to about $3.35 trillion, according to CoinMarketCap.

The performance of the leading cryptocurrencies was as follows:

Bitcoin: Increased by 2.3%

Ethereum: Increased by 2.6%

XRP: Increased by 3.5%

Cardano: Increased by 2.8%

Solana: Increased by 5.1%

Dogecoin: The standout with an increase of 8.9%

This jump reflects an improvement in investor sentiment, possibly the beginning of a new upward wave. However, caution remains necessary in this volatile market.

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