Data: The cryptocurrency market rebounded sharply after a sudden drop, with ETH rebounding over 6% and HYPE rebounding nearly 10%

According to Gate market data, the cryptocurrency market has experienced a short-term rebound after a sharp decline. Bitcoin is currently priced at $64,820, up 4.54% from the 24-hour low of $62,006; Ethereum has returned to $1,800, priced at $1,814.56, rebounding 6.05% from its low; SOL has risen to $71.15, rebounding 5.55% from its low. HYPE has rebounded nearly 10%, priced at $66.01.

Although mainstream coins have generally recovered some of their losses, the 24-hour declines for Bitcoin, Ethereum, and SOL are still 4.25%, 5.15%, and 6.69%, respectively.