Crypto Market Surges to $2.8 Trillion as Altcoins Outrun Bitcoin

The cryptocurrency market has experienced a significant surge in recent hours, with the total crypto market cap jumping to $2.8 trillion, up 3.9% over the past 24 hours.

Bitcoin led the charge, surging roughly 5% to break above $81,000 and triggering a wave of short liquidations across the market.

However, it's the altcoins that are really stealing the show, with several assets experiencing significant gains.

Zcash has rallied by 17%, while DOGE, XRP, SOL, and HYPE have also joined the surge.