Bitcoin was trading up more than 20% from last week’s lows on Monday.
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There is growing uncertainty about whether the ethereum blockchain will continue to underpin commerce in crypto.
The shadow of the 2021 crypto bubble still hangs over much of the sector.
Bitcoin blockchain’s reputation as a network that mainly supports digital gold may be changing.
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The amount of money deposited in decentralised finance or DeFi projects has leapt in recent months.
Efforts to shore up the banking sector and bets that the US may start cutting interest rates later this year have bolstered investor sentiment.
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Solana, a poster coin of the crypto future, is in trouble following the collapse of cryptocurrency exchange FTX.
The Solana blockchain is back up and running after a software glitch caused an outage of more than four hours.