Crypto markets experienced a modest recovery on Friday, with Bitcoin rising above $103,000, reducing its weekly losses. Other major cryptocurrencies also saw gains, with Ether, XRP, and Solana increasing by 4% to 5%, while Dogecoin and Cardano surged by 12% and 9%, respectively. This rally is attributed to short-covering following a significant decline earlier in the week. The market movements coincided with the University of Michigan's November Consumer Sentiment Survey, which reported a drop to 50.3. This decline in consumer sentiment highlights economic concerns that could impact future Federal Reserve policy decisions.