The crypto market is experiencing a recovery, with Bitcoin (BTC) recently surpassing $93,000 for the first time since March. This surge is accompanied by gains in major altcoins, including:
- *Ethereum (ETH)*: up 11% to $1,813
- *XRP*: up 5%
- *Solana*: up 6%
This recovery is driven by optimism surrounding the potential US-China trade deal, with Treasury Secretary Scott Bessent stating that the prolonged trade war between the two countries is "unsustainable." This sentiment has also boosted the stock market, with the S&P 500, Nasdaq, and Dow Jones rising over 2.5%.
