Bitcoin has recovered from yesterday?s fall to trade above US$30,000 again this morning after the JPMorgan chief said in May that there were ?storm clouds? and a ?hurricane is coming? as the big bank braces itself and is ?bracing itself to be very conservative with its balance sheet?.

Coinbase also announced cost-cutting measures are being introduced as the Crypto firm anticipated a bear market ahead. The crypto exchange platform said it will ?extend our hiring pause for both new and backfill roles for the foreseeable future and rescind a number of accepted offers? in response to current and ongoing market conditions.

And SOL has recovered from Wednesday?s tumble to trade more than 1% higher over the last 24-hours following the Solana network?s fifth outage for the year so far.