Bitcoin Price Rises Toward $80,000 in Crypto Rebound

By Angus BerwickCryptocurrency prices rebounded Tuesday, in line with a brighter mood in stock markets.Bitcoin recently stood at close to $80,000, after yesterday hitting its lowest levels since just after President Trump's election.Smaller digital currencies including ether, solana and XRP also recovered some ground, but remained below last week's levels. Ether recently traded at around $1,573.The crypto market has risen almost 5% over the past 24 hours, according to CoinMarketCap, lifting total market capitalization to about $2.53 trillion. It hit a trough of about $2.35 trillion on Monday.Crypto-focused stocks also rose in premarket trading.This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).