Bitcoin recovers to $58,000 as U.S. stock market remains turbulent

Bitcoin, which had collapsed from $56,000 the previous day due to a sharp drop in U.S. and Asian stock prices, stopped its steep decline and rose to $58,000 (approximately 8.32 million yen) as U.S. stock prices ended the day in a mixed mood.
As of 9:50 a.m. on the 5th, Bitcoin had recovered to the 58,000 dollar range, reaching 58,129 dollars (about 80% of the market value) on CoinMarketCap, a global coin price relay site.
The previous day, Bitcoin collapsed from the 56,000 dollar range to 55,673 dollars (about 7.98 million yen) as the US stock market and Asian stock markets also plummeted.
However, on this day, U.S. stocks ended trading in a mixed manner, and once the sharp decline stopped, Bitcoin also stopped falling and seemed to have successfully reversed its upward trend.
As Bitcoin reverses course, most other coins are also rising, albeit by smaller increments.