Crypto Market Surges to $3 Trillion, Bitcoin Breaks Resistance

The total cryptocurrency market cap has reached $3.01 trillion, up 0.9% over the past day, with $141.8 billion in trading volume.

Bitcoin is currently sitting at $85,980.96 and is considered officially back in a bull market after breaking above its old May resistance near $82,814.

Ethereum's price action is being closely watched as it tests a level that has repeatedly flipped between support and resistance since 2024, currently trading near $2,750.

XRP's setup looks less stretched than Bitcoin or Ethereum's, with veteran trader Peter Brandt pointing to an eventual target of $5.40 on the long-term chart.