The cryptocurrency market is witnessing a significant increase today. According to CoinMarketCap, the global market capitalization of cryptocurrencies has risen by 4.83% in the past 24 hours, reaching $2.85 trillion. The total trading volume has also increased by 17.82% to $104.22 billion.

Some notable points observed:

* Rise in Bitcoin price: The price of Bitcoin has surpassed the $90,000 mark for the first time in over a month.

* Strong performance of some altcoins: Some coins like MAGIC, AUDIO, BOBA, NKN, and SPA have seen significant price increases.

* Increase in trading volume: There is a noticeable increase in trading volumes for most major cryptocurrencies, including Bitcoin and Ethereum.

* Positive impact from certain news: Some news such as Trump's plans to create a strategic reserve for cryptocurrencies and bullish forecasts from analysts like Standard Chartered may have a positive impact on the market.