Crypto Market Surpasses $2.62T Amidst Institutional Buying Frenzy
The total cryptocurrency market capitalization has surpassed $2.62 trillion, reaching an all-time high on April 23, 2026. This milestone comes as the Fear and Greed Index crossed into the 'Greed' zone.
Bitcoin (BTC) experienced a modest gain of 0.68% over the past 24 hours, with its market cap holding steady at around $1.55 trillion, representing approximately 59% of the total crypto market. Ethereum (ETH) and Solana (SOL) have also made appearances on CoinGecko's trending list alongside Bitcoin.
The rise in DeFi's total value locked and NFT sales further reinforces the overall risk-on tone of the market. Additionally, spot Ethereum ETFs attracted a net inflow of approximately $495.75 million in April 2026, indicating sustained institutional buying activity even amidst brief pullbacks below $79,000 for Bitcoin.