The global crypto market witnessed a minor recovery, as Bitcoin (BTC) rose from $45,050 to $47,470 before closing at $47,120 as of 9 am IST, an increase of 4.4 per cent on the day of its golden cross on the charts - a widely accepted bullish signal. A golden cross happens when the 50-day moving average goes above the 200-day moving average, indicating a strong price action in the medium-term. The total crypto market cap rose to $2.13 trillion, up by 3.3 per cent as of 9 am IST. Trade volumes across exchanges, however, declined by 18 per cent given high activity the previous day.