<ul><li>Bitcoin surged more than 8% to reach $83,425 within 24 hours, recovering from recent losses.</li><li>The total market capitalization of the crypto market increased by almost $250 billion in the past 12 hours, reaching $2.7 trillion.</li><li>Analysts suggest that the 21-week exponential moving average (EMA) for Bitcoin indicates a potential breakout.</li><li>Stock markets also rallied, with the S&P 500 gaining 9.5%, Nasdaq up 12%, and Dow Jones increasing by almost 8%.</li></ul>

Bitcoin Recovers to $83K in Crypto Market Bounce as Trade Tensions Ease

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