The global cryptocurrency market has surged by over $116 billion in the past 24 hours, signaling strong bullish momentum across both Bitcoin and altcoins.
Market Snapshot
- 24-Hour Market Cap Growth: +$116,000,000,000
- Global Crypto Market Cap: Over $5.1 trillion
- BTC Price: $121K–$122K
- ETH Price: $4,000+
What’s Driving the Surge?
- Bitcoin Rally – BTC continues to trade near record highs, attracting fresh institutional inflows.
- Altcoin Breakouts – Ethereum, Solana, and top memecoins are posting double-digit gains.
- Positive Macro Signals – Rate cut expectations from the U.S. Federal Reserve and growing optimism around blockchain adoption are boosting sentiment.
- Institutional Expansion – New ETFs, corporate treasury allocations, and tokenization projects are adding market depth.
CentBit Insight:
If momentum continues, the market could see a new all-time high in total market capitalization before the end of the month, potentially igniting a full-scale altcoin season.
