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Bitcoin continues recovery after hitting 7-month low, trades at $88K levels; Ethereum jumps 4%

Bitcoin rebounded from a 7-month low to trade near $88,000, gaining 2% in 24 hours as major altcoins also rallied. Ethereum jumped over 4%, while XRP, BNB, and Cardano rose 9%, 3% and 4%. Solana, Dogecoin and Hyperliquid gained up to 5%. Overall, global crypto market cap inched up 1% to $3 trillion.