Bitcoin recovers $77 while VVV and XDC soar.

• Bitcoin recovers $77 after sharp weekly correction.
• VVV rises 20% and leads gains among altcoins.
• Cryptocurrency market recovers $40 billion

Bitcoin has returned to trading above $77 after facing days of strong selling pressure in the cryptocurrency market. The recovery comes after the asset registered a sharp drop earlier in the week, when it reached its lowest level in the last three weeks.

The leading digital currency had reached $82.400 on May 11, fueling expectations of continued gains. However, the movement quickly lost momentum after a new wave of selling hit the market.

Part of the pressure was associated with US inflation data, which increased caution among investors. Still, the announcement related to the CLARITY Act helped Bitcoin recover some of its losses in the following days.

Despite the positive reaction, the relief was short-lived. Starting last Friday, sellers regained control and pushed BTC down again. The asset lost the $80 support level over the weekend and fell below $78 on Monday.

Pressure increased throughout the day, pushing the cryptocurrency down to the $76 range. After losing around $6 in just a few days, Bitcoin began a gradual recovery and returned to trading near $77.500.

With the recovery, the market value of the currency rose to approximately US$1,55 trillion. Bitcoin's dominance over other cryptocurrencies also remains high, above 58%.

Among altcoins, performance remained more moderate. Ethereum managed to hold support at $2.100, while BNB continued to trade above $640.

XRP experienced another daily decline, mirroring the weaker performance of Dogecoin and Cardano. Other cryptocurrencies also showed little movement during the session.

Among privacy-focused cryptocurrencies, ZEC rose 4%, while XMR advanced about 3%. UNI and WLFI also traded in positive territory.

The biggest highlights of the day were VVV and XDC. VVV jumped 20% to reach US$17,3, while XDC accumulated a 12% increase, trading near US$0,036.

With the partial recovery of the market, the total market capitalization of cryptocurrencies added approximately US$40 billion in just 24 hours, returning to the US$2,66 trillion range.