Bitcoin and other leading cryptocurrencies have begun to recover after a significant decline caused by President Trump's foreign policy actions and ongoing inflation concerns. In the past 24 hours, Bitcoin has increased by nearly 5%, trading at approximately $83,119, while XRP rose by 6% to $2.20 and Solana saw a rise of 6.5% to over $127. The overall cryptocurrency market has seen a more than 2% uptick. This market rebound follows a steep drop due to recession fears that negatively impacted both cryptocurrencies and the tech sector of U.S. stocks. Despite the recent gains, Bitcoin remains down 24% from its all-time high of nearly $109,000 reached earlier in the year. Market analysts express surprise at the sudden recovery, indicating the volatility driven by macroeconomic tensions, including Trump's tariff announcements. The broader financial markets continue to show instability; however, the crypto and stock markets are acting similarly as both are perceived as risk-on assets by investors.

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