The total cryptocurrency market capitalization soared by $410 billion over the past week, driven by a robust rally in Bitcoin and significant gains in altcoins and DeFi projects. This surge reflects renewed investor confidence, bolstered by macroeconomic developments, institutional inflows, and favorable regulatory news.
Bitcoin spearheaded the market's upward trajectory, while altcoins such as Solana, Avalanche, and Chainlink recorded impressive double-digit gains. The increased trading volumes and heightened derivatives activity indicate sustained momentum in the market.
Crypto Market Cap Jumps $410 Billion in One Week Amid Bitcoin Surge
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