#CryptoMarketCapBackTo$3T #The cryptocurrency market has indeed surpassed the $3 trillion mark, with a 4.5% increase in the last 24 hours. This resurgence is driven by several factors ¹:
- *Bitcoin's Performance*: Trading around $93,000, with stability above the $65,000-$67,000 range and potential for further bullish momentum above $70,000.
- *Altcoin Resurgence*: Many altcoins, such as Ethereum, are following Bitcoin's upward trend, with significant percentage gains. Ethereum is trading around $1,790.
- *Institutional Adoption*: Growing interest and adoption continue to inject capital into the crypto market.
- *Macro Factors*: Geopolitical events, stock market performance, and potential tariff implications influence investor sentiment and capital flow.
- *Regulatory Clarity*: Positive developments, such as the upcoming Ethereum ETF decision, can boost market confidence.
*Key Drivers:*
- **US Stock
