Crypto market capitalization jumps $113 billion as Bitcoin and Ethereum rally

The total cryptocurrency market capitalization rose by $113 billion in a single day as Bitcoin, Ethereum and major altcoins advanced together, pushing the market back toward the upper end of a roughly $2.18 trillion-to-$2.3 trillion range seen since mid-summer. Bitcoin recently traded between $63,500 and $68,000, while Ethereum held between $1,900 and $2,080, with neither breaking decisively beyond its broader range. The market has recovered about $170 billion since July after losing roughly $780 billion earlier in 2026, but remains about 40% below its 2025 peak near $3.87 trillion. Recent daily trading volumes of $48 billion to $80 billion, elevated Bitcoin dominance and continued altcoin underperformance suggest risk appetite remains constrained. Traders are watching Bitcoin support at $63,500 and Ethereum near $2,000, while a sustained move above the range could require roughly $1.6 trillion in additional capital to revisit the 2025 high.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.