There has been a very little recovery a day after Bitcoin and cryptocurrencies were smashed to new all-time lows for over a year. Total crypto market capitalization is still on the floor below $150 billion which is where it was in September last year.
Bitcoin plunged to a new low for the year at $4,270 a few hours ago and has recovered a little since then but nothing substantial. On the day it is still down 5% from the same time yesterday when it went into free-fall dropping around 14%. At the moment BTC is still very weak trading at $4,580 and trying to find a new support channel.