What's Happening?
The total cryptocurrency market cap has returned to $3 trillion, which is a major milestone and shows strong market recovery.
Key Highlights:
Bitcoin & Ethereum Surge: Bitcoin has crossed $70,000 again, and Ethereum is trading above $3,500.
Altcoins Booming: Other cryptocurrencies like Solana, Avalanche, and even meme coins (like Dogecoin and Shiba Inu) are gaining momentum.
Institutional Investment: Big financial firms like BlackRock and Fidelity are pushing crypto ETFs, driving more investment.
Bitcoin Halving Effect: The April 2024 Bitcoin halving has created positive sentiment and reduced supply, pushing prices up.
