GLOBAL MARKET
The crypto market has seen some positive developments, alongside the stock and traditional financial space in general.
The total crypto market cap is currently around $3.02 trillion and is showing a slight increase from last week.
Major events from the last week include publicly listed companies reported to have already purchased around 96% of the Bitcoin expected to be mined in 2025.
Strategy's Bitcoin-focused investments have also seen strong year-to-date gains in BTC, alongside mass delistings of several cryptocurrencies from Binance at the beginning of the week.
The altcoin season index continues to show that the market is in a “Bitcoin season.”
Overall, while Bitcoin is strongly above the $85,000 mark, the market's recovery is facing some headwinds as BTC attempts to break above $120,000. #BTCRebound #crypto $BTC $ETH $XRP