Bitcoin surged by 5% to reach $44,083, marking a $2,098 increase from its last closing value.

This uptick signifies a 66.1% rise from Bitcoin’s yearly low of $26,533 recorded on October 11, underscoring the cryptocurrency’s resilience and growth.

Meanwhile, Ether, the cryptocurrency associated with the ethereum blockchain network, experienced a more moderate increase, rising by 1.4% to hit $2,275.7 on Tuesday, marking a $31.9 increase from its previous closing value.