Bitcoin Performing ‘Exceptionally Well,’ Says Markets Commentator As BTC Helps Fuel A 42% Crypto Market Recovery From April Lows

Capital markets commentator The Kobeissi Letter highlighted the impressive rebound of the cryptocurrency market, particularly Bitcoin (CRYPTO: BTC), from its April lows on Tuesday.

What Happened: Through its official X account, Kobeissi Letter highlighted that the total cryptocurrency market cap has surged by $1 trillion, or 42%, since the bottom on April 8.

Furthermore, it stated that the market valuation was only 6% below its December peak of $3.70 trillion.

Full story available on Benzinga.com