The cryptocurrency market has experienced a strong rebound over the past 24 hours, adding approximately $100 billion in value.
As of press time, the total market capitalization stood at $3.7 trillion, up from $3.6 trillion a day earlier, according to data retrieved from CoinMarketCap.
Bitcoin (BTC) led the rally, climbing 2.32% to trade around $109,345, pushing its market capitalization to $2.2 trillion. Ethereum (ETH) followed with a 2.81% increase to $4,001, maintaining its position as the second-largest cryptocurrency with a market value of $482.8 billion.
