Data compiled by Woofun AI shows that the cryptocurrency sector experienced a significant overnight recovery, with Bitcoin (BTC) briefly climbing to $63,800 before settling at $63,600. This price action contributed to a 2.5% increase in the total crypto market capitalization, which now stands at $2.26 trillion.

Meanwhile, Ethereum (ETH) is trading at $1,673, and BNB has broken above the $600 threshold. Altcoins also demonstrated strength, with Solana (SOL) and ZEC rebounding by more than 5% to trade at $67 and $430, respectively. HYPE led the momentum, surging 11.5% in the past 24 hours as it approached the $60 level.