“Cryptocurrencies are showing a significant recovery after a sharp decline on Monday,” analysts report. Dogecoin gained 11% on Tuesday, reaching $0.357, nearly returning to last week’s levels. However, over the past month, the cryptocurrency has dropped by 12% despite a successful December.

“XRP rose by 9%, reaching $2.66,” Ripple noted. This marks its highest level in 2025 and brings it close to the seven-year high of $2.82. “Optimism surrounding the potential approval of an XRP ETF supports this growth,” analysts add. The success is also linked to recent meetings between Ripple executives and President-elect Donald Trump.

Bitcoin, which previously dropped, has also started to recover. Its price rose to $96,905, reflecting a daily increase of 5%. Ethereum and Solana showed price increases of 6% and over 5%, respectively.

“Over $300 million in futures were liquidated in the last 24 hours,” CoinGlass data reveals. Most of the liquidations came from short positions.

The recovery of cryptocurrencies indicates a return of investor confidence despite earlier concerns about high interest rates. “With the current growth of cryptocurrencies like Bitcoin, Ethereum, and XRP, the market shows potential for further strengthening,” experts conclude.