Crypto Market Cap Retakes $3T as Bitcoin, Altcoins Rally
Bitcoin and major altcoins rose as nearly $1 billion flowed into US spot Bitcoin ETFs and derivatives open interest neared $160 billion, analysts said.
- On Tuesday, the total cryptocurrency market cap climbed back above $3 trillion as Bitcoin traded near $86,000, extending a broad rally across major digital assets.
- Bitcoin ETFs drew nearly $1 billion on Monday, the largest single-day inflow since late last year, while Coinglass reported more than $920 million in bearish positions were liquidated as prices surged.
- Major altcoins also posted gains, with Ether rising about 2.3% to $2,745, XRP climbing 5.7% to $1.53, Solana advancing 3.6% to $117, BNB gaining 1.6%, and Dogecoin rising about 11%.
- Ranked 208th, Akedo's AKE token gained about 170% to reach a roughly $1.2 billion market cap, emerging as one of the week's biggest movers among smaller cryptocurrencies.
- According to Coinglass, perpetual futures open interest has surged to almost $160 billion, marking its highest level since late October last year, while analyst James Check suggested the Bitcoin cycle bottom may already be in at $58,000.
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$3 trillion crypto comeback: Can Bitcoin bulls reclaim $100K and push higher?
Bitcoin has led a broad crypto market recovery, pushing total digital-asset market capitalisation back above $3 trillion. Strong spot and ETF demand has supported the rebound, although rising open interest and funding point to increasing leverage. The next phase will depend on whether underlying demand can sustain momentum toward the $100,000 mark.
Crypto market cap hits $3 trillion again: Why rising Bitcoin leverage could trigger a sharp price swing - THE LOCAL REPORT ARTICLES
The total cryptocurrency market value has climbed back above $3 trillion for the first time since January. The rise comes after a strong rally in Bitcoin, which has lifted the broader digital asset market. But the rally is also bringing more leveraged trading into the market. This could make crypto prices move sharply in either ... Read more The post Crypto market cap hits $3 trillion again: Why rising Bitcoin leverage could trigger a sharp pric…
The crypto market briefly regained $3 trillion in capitalization on Tuesday, driven by Bitcoin and several major altcoins. BTC was trading around $86,000, up around 4.5% over 24 hours, while DOGE gained nearly 11%, XRP 5.7%, and Solana 3.6%. Behind the rebound, another figure stands out: more than 920 million dollars in bearish positions were liquidated on Monday. American Bitcoin ETFs also attracted nearly $1 billion in one session. The article…
What's Next For Bitcoin, Ethereum And XRP Prices As Crypto Market Hits $3 Trillion?
The post What’s Next For Bitcoin, Ethereum And XRP Prices As Crypto Market Hits $3 Trillion? appeared first on Coinpedia Fintech News The total crypto market cap has climbed to $3.01 trillion, up 0.9% over the past day, with $141.8 billion in trading volume. Bitcoin sits at $85,980.96, Ethereum at $2,750.36, and XRP at $1.54, and behind each of those numbers is a different technical setup. Bitcoin: Officially Back In A Bull Market, But Running H…
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