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

Some notable points observed:

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

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