The cryptocurrency market has seen a strong recovery as nearly $250 billion has returned to the spot market in the past 12 hours, responding to the 90-day halt and the corresponding tax reduction from the U.S. president. 🌟

Market capitalization has returned to $2.7 trillion, up 6% on the day, nearly recovering all losses from recent days. Bitcoin has risen over 8% in the past 24 hours, reaching a daily high of $83,425 before slightly decreasing in Thursday's morning trading in Asia.

Technical analysts like 'Rekt Capital' and 'Mister Crypto' are both predicting a major breakout could occur, while the stock market is also seeing strong gains.

Ethereum and altcoins like XRP, Solana, and Dogecoin have also made significant recoveries, but the altcoin season has not truly begun yet. 🚀