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Crypto markets have displayed remarkable resilience over the last week. The combined valuation of cryptocurrencies surged towards $1.7 trillion, with Bitcoin reaching approximately $43,600—a stunning recovery given the chaos just days prior. The volatility in sentiment is mirrored in the Fear & Greed Index, which rebounded from a two-month low of 40s to a current reading of 61, indicating renewed confidence among investors.
Bitcoin's recovery is particularly significant considering the 60 billion-dollar trading volume—a testament to engaging activity and renewed investor interest. The broader market's movements underscore the unpredictable yet optimistic nature of crypto, buoyed by AI's rise, which is unstoppable at this point.