Bitcoin prices have experienced a notable recovery lately, climbing after falling to nearly $43,000 yesterday afternoon.

The world’s largest digital currency by market value rose to as much as $49,520.72 earlier today, CoinDesk data shows.

At that point, it was up roughly 15% from the multi-week low of $43,119.16 it reached the day before, additional CoinDesk figures reveal.

[Ed note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.]

When explaining these latest gains, analysts pointed to several factors.

John Todaro, director of institutional research for TradeBlock, spoke to the gains that risk assets enjoyed today, following a recent decline.

“Yields have risen recently to the highest level in a year and on the back of that you saw tech stocks sell off, corresponding with the pull-back in bitcoin prices,” he noted.

“During times of market uncertainty, bitcoin does still have elements of a risk-on asset and rises and falls in tandem.”