Crypto Market Surges by Over $130 Billion in 30 Days Without a Catalyst

The crypto market has seen a significant surge in value over the past 30 days, with its total market capitalization increasing by over $130 billion.

Bitcoin's market cap rose from approximately $1.274 trillion on July 5 to around $1.33 trillion by July 24, a gain of roughly $56 billion in less than three weeks.

Ethereum also participated in the rally, with its market cap climbing from about $215 billion to approximately $233 billion across the same window, an $18 billion jump or roughly 8.4% growth in under 20 days.

The altcoin universe, excluding both Bitcoin and Ethereum, represented a significant portion of this growth, adding value as the total market increased by over $130 billion.