Crypto Market Reclaims $3T Value Cap Amid Bitcoin Rally

The cryptocurrency market has regained its $3 trillion value cap after a rally in Bitcoin and major altcoins. This comes as Bitcoin traded near $86,000, up about 4.5% over the past 24 hours.

Ethereum (ETH) gained around 2.3% to $2,745, while XRP rose 5.7% to $1.53 and Solana (SOL) advanced 3.6% to $117. BNB gained 1.6%, with Dogecoin (DOGE) being one of the stronger large-cap performers, rising about 11%.

The total crypto market cap stood just below $3 trillion at the time of writing, up around 4.3% over the previous day. Rising derivatives leverage points to growing speculative activity across crypto markets.