Crypto Market Value Hits $2.64 Trillion as Bulls Gain Breathing Room
The total crypto market value has risen to $2.64 trillion following a 1% increase today, providing some breathing room for bulls after recent selling.
Bitcoin's share of the market is currently at 59.52%, while the Altcoin Season Index has dropped to 31 out of 100, indicating more money is flowing into BTC than other assets.
Despite this, Solana (SOL) and XRP are experiencing positive factors, with SOL seeing strong ETF inflows and network changes, and XRP benefiting from a Nasdaq listing progress and Ripple's plan to make the XRP Ledger quantum-resistant by 2028.