Bitcoin Reclaims $78K as Bulls Return Amid Market Recovery

The price of Bitcoin (BTC) has continued to recover from its dip below $77,000 on Friday, reclaiming $78,000 as of Sunday morning.

After Kevin Warsh's hawkish speech at Jackson Hole, the cryptocurrency had fallen to under $75,500 last weekend. However, it managed to push beyond $80,000 and even $81,000 earlier this week before retracing on Friday.

The bulls returned during the business week, and BTC has now added around $15 billion to its market capitalization, which stands at over $1.57 trillion.

Other larger-cap alts have also posted minor gains, but Ethereum remains below $2,500. BNB is still beneath $700, while XRP struggles to reclaim the $1.40 level.