The crypto market had a strong relief bounce yesterday along with other financial markets as China’s Evergrande Group agreed to settle interest payments on a domestic bond preventing further global selloff by traders. The recovery was aided by the US Federal Reserve’s signaling of raising interest rates soon. The total crypto market cap stood at $1.98 trillion, up by 6.6 per cent early on Thursday. Trade volumes across exchanges declined by 15 per cent over the same period.