Why Is Crypto Market Going Up? ETFs, Trade Talks & Altcoin Surge
The cryptocurrency market is experiencing a robust resurgence, with the global market capitalization climbing to $2.94 trillion—a 1.72% gain in the past 24 hours. Institutional interest in Bitcoin ETFs and renewed trade talks are fueling optimism, while altcoins like SOL, ETH, and DOT lead the charge with notable price action.
Market sentiment reflects a broader appetite for risk assets, with traders rotating capital into high-beta altcoins. Liquidity conditions remain favorable as spot volumes rebound, though derivatives activity suggests cautious positioning ahead of macroeconomic data releases.