📈 Total cryptocurrency market capitalization surges strongly
As of now, the total market capitalization of cryptocurrencies has reached 3.88 trillion USD, an increase of 3.27% in just the last 24 hours, according to data from CoinMarketCap.
After a period of sideways movement around the 3.76T mark earlier in the day, the market has surged strongly, continuously setting new highs during the session and maintaining an upward trend.
💡 Growth momentum may come from:
- New capital inflows following positive news on financial and crypto policies.
- The recovery of Bitcoin and major altcoins, lifting the entire market.
- FOMO sentiment from investors as the market breaks through important resistance levels.
📌 If this momentum continues, the market could soon challenge the 4 trillion USD capitalization mark.
