The total market capitalization of the crypto market surged by over $100 billion in a single day.
According to ChainCatcher, citing Finbold, the total market capitalization of the cryptocurrency market surged from $4.15 trillion to $4.26 trillion in the past 24 hours, with approximately $110 billions in capital inflows. This market rally coincided with bitcoin (BTC) reaching a new all-time high of $125,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Qatar Energy chief refutes Besent: The Strait of Hormuz will never be "worthless"
Qatar's Minister of Energy, Saad Al Kaabi, stated that US Treasury Secretary Scott Besent's claim that the Strait of Hormuz will become "worthless" within two years is "incorrect."
Stacks crypto jumps 13% – Could STX bulls extend the price rally?
Tom Lee predicts the S&P 500 could surpass 8,200 points by the end of the year

Michael Saylor, BlackRock, Metaplanet, and Strive purchase Bitcoin
