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Watched the market pretty closely today and honestly the swings have been wild. Bitcoin's sitting around 78.7K now, up over 4% in the last day, and Ethereum bounced back to 2.4K with nearly 4% gains. So much for asking why is crypto market down today - looks like we're actually seeing a solid recovery happening across the board.
What's interesting is how different sectors are playing out. SocialFi tokens like Toncoin and Chiliz are turning green again, Hyperliquid is up almost 6%, and Starknet just had this crazy 23% pump. Even the smaller plays like BUILDon are moving, up over 12%. CeFi, DeFi, Layer1, Layer2 - they all seem to be finding their footing after that rough patch.
The real story here isn't why is crypto market down today anymore - it's that we're seeing genuine recovery momentum across most sectors. Historical performance on the indices is still solid too. Definitely worth keeping an eye on whether this holds or if we get another dip, but the vibe has definitely shifted from earlier.