After several weeks of strong fluctuations, the market capitalization of the crypto market has officially surpassed the $3 trillion mark once again this morning, the first time since early March. This is big news for investors who are waiting for signs of growth in the market. More than $500 billion has flowed in since April 9, and while Bitcoin continues leading, this latest bullish rally also shows real signs of growth for altcoins across the board.
If investors check the crypto market today, they may see the fear and greed index rising from 38 - Fear to 52 - Neutral. Global politics, discussions about interest rates, and the reversal of ETF flows are all stirring the situation. But most importantly, the sentiment has changed. Let's analyze the dynamics driving this bullish trend and why the momentum is different this time.
Bitcoin dominates the crypto market today, but the growth of altcoin is having a new turning point.
It is undeniable that Bitcoin is still leading the crypto market today. It has broken through the sideways channel to reach a peak of $94,074, with potential resistance just above $95,000. That is a strong move. Bitcoin has now increased by more than 20% since the drop in April and still maintains a dominant market share of 64.4%.
But here is the interesting part: the growth of altcoin is beginning to rise. Altcoins like Ethereum, Dogecoin, Cardano, Avalanche, and Sui are not just following; they are skyrocketing to break through resistance levels. All six of these coins have shown impressive performance in the past 48 hours, with gains awakening even the sleepiest corners of the crypto market.
The growth of Altcoin: The party comeback is real
The bullish altcoin trend is one of the biggest reasons why the market capitalization of the crypto market is increasing so rapidly. Let's take a look at the numbers:
Ethereum skyrocketed 10.34%, reaching levels below $1,795. After dropping to $1,400 earlier this month. That's the real growth of the altcoin, even though Ethereum is still struggling with market dominance. Dogecoin is up 11.35%, currently at around $0.18. As usual, Dogecoin's loyal fan base and its memecoin magic keep the coin valuable in every cycle. Cardano rose 10%, to $0.78. This isn't just a random bull run — Cardano has gradually gotten higher with each price increase. Avalanche rose 14%, surpassing $23 again. This puts Avalanche back on the radar of many long-term investors. Sui, surprisingly, was one of the biggest gainers with a 29% increase. Sui reached $2.95, becoming the star in this small bull run.
Each of these names - Ethereum, Dogecoin, Cardano, Avalanche, and Sui - plays an important role in pushing the market capitalization of the crypto market to new heights.
Cryptocurrency today brings a lot of hope, but is it sustainable?
Although the excitement has certainly returned, it is still worth asking: Is this the beginning of something greater or just a short-term bullish trend?
The political environment is providing fuel. U.S. President Donald Trump has become the focal point with a softer tone regarding China's tariffs and the Federal Reserve's policies. This has helped ease some investor concerns. Meanwhile, Bitcoin spot ETFs in the U.S. are seeing inflows return, with over 1 billion dollars pouring in just this week.
Such interest from organizations cannot be overlooked. It is clear that Bitcoin is strong at this moment, but Ethereum, Dogecoin, Cardano, Avalanche, and Sui are proving that they are not just following but are also fighting for position. The growth of these altcoins is what makes this bullish phase feel more balanced compared to previous bullish runs.
For cryptocurrency today, signs of a broader market recovery are real. And while Bitcoin still holds the torch, the flame is beginning to spread. If this growth momentum continues, we may see the early stages of the long-awaited recovery. Pay attention to the crypto market capitalization, stay updated on the growth of altcoins, as the market is changing rapidly.
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Cryptocurrency Market Capitalization Reaches 3 Trillion USD: 6 Altcoins Driving Growth
After several weeks of strong fluctuations, the market capitalization of the crypto market has officially surpassed the $3 trillion mark once again this morning, the first time since early March. This is big news for investors who are waiting for signs of growth in the market. More than $500 billion has flowed in since April 9, and while Bitcoin continues leading, this latest bullish rally also shows real signs of growth for altcoins across the board. If investors check the crypto market today, they may see the fear and greed index rising from 38 - Fear to 52 - Neutral. Global politics, discussions about interest rates, and the reversal of ETF flows are all stirring the situation. But most importantly, the sentiment has changed. Let's analyze the dynamics driving this bullish trend and why the momentum is different this time. Bitcoin dominates the crypto market today, but the growth of altcoin is having a new turning point. It is undeniable that Bitcoin is still leading the crypto market today. It has broken through the sideways channel to reach a peak of $94,074, with potential resistance just above $95,000. That is a strong move. Bitcoin has now increased by more than 20% since the drop in April and still maintains a dominant market share of 64.4%. But here is the interesting part: the growth of altcoin is beginning to rise. Altcoins like Ethereum, Dogecoin, Cardano, Avalanche, and Sui are not just following; they are skyrocketing to break through resistance levels. All six of these coins have shown impressive performance in the past 48 hours, with gains awakening even the sleepiest corners of the crypto market. The growth of Altcoin: The party comeback is real The bullish altcoin trend is one of the biggest reasons why the market capitalization of the crypto market is increasing so rapidly. Let's take a look at the numbers: Ethereum skyrocketed 10.34%, reaching levels below $1,795. After dropping to $1,400 earlier this month. That's the real growth of the altcoin, even though Ethereum is still struggling with market dominance. Dogecoin is up 11.35%, currently at around $0.18. As usual, Dogecoin's loyal fan base and its memecoin magic keep the coin valuable in every cycle. Cardano rose 10%, to $0.78. This isn't just a random bull run — Cardano has gradually gotten higher with each price increase. Avalanche rose 14%, surpassing $23 again. This puts Avalanche back on the radar of many long-term investors. Sui, surprisingly, was one of the biggest gainers with a 29% increase. Sui reached $2.95, becoming the star in this small bull run. Each of these names - Ethereum, Dogecoin, Cardano, Avalanche, and Sui - plays an important role in pushing the market capitalization of the crypto market to new heights. Cryptocurrency today brings a lot of hope, but is it sustainable? Although the excitement has certainly returned, it is still worth asking: Is this the beginning of something greater or just a short-term bullish trend?
The political environment is providing fuel. U.S. President Donald Trump has become the focal point with a softer tone regarding China's tariffs and the Federal Reserve's policies. This has helped ease some investor concerns. Meanwhile, Bitcoin spot ETFs in the U.S. are seeing inflows return, with over 1 billion dollars pouring in just this week. Such interest from organizations cannot be overlooked. It is clear that Bitcoin is strong at this moment, but Ethereum, Dogecoin, Cardano, Avalanche, and Sui are proving that they are not just following but are also fighting for position. The growth of these altcoins is what makes this bullish phase feel more balanced compared to previous bullish runs. For cryptocurrency today, signs of a broader market recovery are real. And while Bitcoin still holds the torch, the flame is beginning to spread. If this growth momentum continues, we may see the early stages of the long-awaited recovery. Pay attention to the crypto market capitalization, stay updated on the growth of altcoins, as the market is changing rapidly.