The cryptocurrency market experienced a significant surge, adding over $130 billion in value within 24 hours, bringing the total market capitalization to $3.89 trillion. Bitcoin (BTC) saw a 3.05% increase, reaching $114,984, while Ethereum (ETH) climbed 5.22% to $4,165.
This rally was driven by a new U.S.–China trade framework deal and expectations of a Federal Reserve rate cut, which reduced trade risks and increased demand for digital assets. The developments have bolstered investor confidence, contributing to the rapid market growth.
Cryptocurrency Market Surges by $130 Billion, Hits $3.89 Trillion
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