Crypto Market Recovers: BTC, ETH, SOL, JUP, and PEPE Turn Green

• Bitcoin and Ether rebounded from $49,000 and $2,111 price levels, respectively.
• Bitcoin is up 4.85% in the past 24 hours while ETH is up 8.71%.
• SOL, JUP, and PEPE surged 19.96%, 12.48%, and 16.43%, respectively.

The crypto market on Tuesday turned bullish after a massive price correction over the weekend when leading cryptocurrencies Bitcoin (BTC) and Ethereum (ETH) dipped in double digits, wiping millions from the crypto space. The market rebounded once BTC dropped as low as $49,000 and ETH fell to $2,111. 

As per the data from CoinMarketCap, Bitcoin was up 4.85% in the past 24 hours while ETH was up 8.71%. The digital assets are trading at $55,344 and $2,490, at press time, respectively with a significant surge in buying volume in the past 24 hours. Meanwhile, the market capitalization of the total digital asset space rose 5.41% in the past 24 hours and is now close to the $2 trillion mark. 

Altcoins Solana (SOL), Pepe (PEPE), and Jupiter (JUP) also turned bullish with SOL bouncing 19.96%, trading at $140 at the time of writing. Currently ranked as the fifth-largest digital asset in the market, SOL is up a substantial 512.66% since August 2023. SOL is al…

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