The cryptocurrency market has experienced a strong recovery over the past 48 hours, seeing Bitcoin (BTC) reclaim the $64K mark. This positive shift came shortly after Bitcoin dropped to $56,500, marking a significant rebound in the market. As of now, Bitcoin has reached an intraday high of $64,500, showcasing a recovery of more than 14.15% following the crash on May 1. Other cryptocurrencies have also benefited from Bitcoin's resurgence, as they regained lost ground during this period.