The cryptocurrency market is rebounding following recent sharp losses, buoyed by the latest Producer Price Index (PPI) report. Bitcoin (BTC) surged to over $96,700, a 5.2% increase from the previous day. Ethereum (ETH) rose 7% to $3,225. XRP climbed 10% to $2.68, while Solana (SOL) reached $187, a 6% increase. The overall cryptocurrency market capitalization increased by 4.4% to $3.51 trillion, according to CoinGecko . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
