Bitcoin (BTC) approaches $45,500, reaching its highest price level in a month. The BTC/USD pair saw a 2.5% increase, setting the stage for strong moves in major altcoins. Despite concerns about leveraged traders' role in the upside, the market appears eager to recover more ground lost since the descent from two-year highs of $49,000 on Jan. 11. Altcoins Binance Coin (BNB) and Cardano (ADA) also experienced gains, with BNB up around 8.5% and ADA up 10.5%. Ether (ETH) traded near $2,450, gaining nearly 7% in the past week.