Crypto Market Sees Explosive $200B Surge as Bitcoin Hits $77K and Apeing Rises

More than $200 billion flooded back into the crypto market in one day as Bitcoin surged past $77,000, setting off fresh bullish momentum and sparking renewed strength across major altcoins.

The explosive move has lifted total crypto market capitalization, with BTC reclaiming its 200-day simple moving average for the first time since November. This technical development puts $77,500 forward as a key resistance level that bulls now need to overcome.

Cardano (ADA) is among the names catching traders' attention, gaining 11.89% in 24 hours and pushing its market cap to $7.35 billion. However, Cardano's DeFi numbers tell a different story, with total value locked plummeting 16.17% in just 24 hours.

Apeing, a meme coin project centered on culture, community, engagement, and utility, is building its identity ahead of its upcoming presale. The project is currently in its whitelist stage, giving traders a fresh narrative to watch as the current market story develops.