Crypto market capitalization reclaims $3 trillion.
The cryptocurrency market capitalization has indeed reclaimed the $3 trillion mark, driven by renewed bullish momentum and increased investor confidence. Here are some key highlights:
- *Market Capitalization*: The total crypto market cap surged back above $3 trillion on May 1, 2025, signaling a strong bullish trend.
- *Bitcoin's Performance*: Bitcoin (BTC) led the charge, surpassing $85,000 and reaching $96,241, up 1.32% in the past 24 hours. Its dominance currently stands at 63.55%.
- *Ethereum's Performance*: Ethereum (ETH) also saw significant gains, climbing to $3,200 and trading at $1,850, with a market share of 7.4%.
- *Altcoin Gains*: Other major altcoins like Binance Coin (BNB) and Solana (SOL) recorded notable gains, with BNB reaching $620 (up 3.9%) and SOL hitting $180 (up 6.1%) and currently trading near $151.8 (up 2.76%).
- *AI Tokens*: AI-related tokens like (link unavailable) (FET) and SingularityNET (AGIX) saw price increases of 7.5% and volume surges of up to 40%, with FET trading at $2.80.
- *Trading Volume*: The 24-hour trading volume for the global crypto market is around $85.34 billion.
This resurgence in market cap is a critical indicator for traders looking to capitalize on the momentum in both mainstream and niche crypto assets. The $3 trillion level acts as a psychological resistance and support zone, making it crucial for risk management and position sizing in the current market environment.#StablecoinPayments