Crypto market surges by $65B in three hours as Bitcoin gains over $30B
Key Takeaways
- The overall crypto market capitalization jumped by $65 billion in just three hours.
- Bitcoin led the rally, contributing over $30 billion to the surge with strong upward momentum.
The crypto market surged by around $65 billion in the last three hours, with Bitcoin contributing over $30 billion to the rally as the dominant cryptocurrency’s rally fueled a rebound across digital assets.
Bitcoin has maintained strength during what analysts consider a historically bullish period, with patterns suggesting potential for continued gains similar to prior market cycles.
Institutions have been actively purchasing Bitcoin through exchange-traded funds, reinforcing the cryptocurrency’s role in driving broader market increases across digital assets.
Market analysts are highlighting untapped upside potential for Bitcoin, dismissing concerns of an imminent cycle peak based on current market indicators and institutional adoption trends.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
XRP Update Today: Institutional Embrace of Blockchain Accelerates as Crypto Markets Remain Flat
- Calastone partners with Polygon to tokenize fund distribution for 4,500 institutions, leveraging sub-cent fees and instant settlements to bridge traditional finance and blockchain. - XStocks achieves $10B trading volume in tokenized stocks (e.g., Nvidia , Amazon), reflecting rising demand for fractionalized ownership and programmable assets. - Canary Capital’s XRP ETF gains automatic SEC approval, signaling growing institutional acceptance of altcoins amid broader crypto ETF regulatory shifts. - Polygon’
Ethereum News Update: SharpLink's Cryptocurrency Gamble Yields $104M in Profits, Surpassing Expectations
Hassett’s Perspective on the Fed: Bold Rate Reductions or Fundamental Overhaul
- Kevin Hassett, Trump's top economic adviser, proposes Fed chairmanship with plans to cut interest rates and restructure the central bank's research and communication strategies. - He advocates reducing Fed staff influence and adopting top-down decision-making, aligning with Trump's skepticism of institutional expertise while claiming nonpartisan leadership. - Hassett warns a 40-day government shutdown risks pushing Q4 GDP negative, emphasizing fiscal-monetary coordination amid economic uncertainty and st
AAVE Rises 0.86% as Large Investors Accumulate and Aave Founder Criticizes BoE
- AAVE rose 0.86% in 24 hours to $205.44 amid whale accumulation and regulatory scrutiny, despite 32.98% annual declines. - Major on-chain actors borrowed $180M+ from Aave to purchase 388,615 ETH ($1.32B), leveraging DeFi protocols for ETH accumulation. - Whale strategies maintain 2.1 leverage ratios, while backtests show Aave whale activity correlates weakly with sustained AAVE price gains. - Analysis suggests whale accumulation may signal distribution or liquidity provision rather than bullish price mome
