After a brutal stretch, a remarkable thing is happening: Cryptocurrencies are surging

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A bitcoin ATM is seen in Brooklyn, N.Y., on June 13, 2022. Virtual currencies like bitcoin are recovering from a tough period partly on rising hopes that bad actors have been weeded out and that confidence can return to the sector. Michael M. Santiago/Getty Images

Michael M. Santiago/Getty Images

After a tumultuous period, cryptocurrencies are staging a big recovery.

Crypto had been rocked since the collapse of several major companies in 2022, including FTX, which had become one of its biggest and best recognized

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