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Crypto Market Surges to $2.95 Trillion Amid Multiple Catalysts

Guavy AI Editorial Team
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BTC ETH XRP
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The cryptocurrency market saw a significant rally on September 29, 2026, with its total value reaching $2.95 trillion, up 1.3% in a day, according to CoinGecko data.

Bitcoin traded near $84,170, Ethereum near $2,713, and XRP near $1.51, all experiencing gains. The rally was attributed to multiple factors: a Trump denial that calmed oil prices, whale accumulation on Ethereum, and a new bank-grade stablecoin deal between Coinbase and Citi.

The Citi-Coinbase partnership allows corporate clients, including large multinational companies, to accept stablecoin payments through Citi's merchant acquiring services. This move is seen as a trust signal for the space, providing a traditional banking option for stablecoins.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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