The post Why Crypto Is Going Up Today? appeared first on Coinpedia Fintech News
The crypto market today has soared big, with the total market cap hitting $3.8 trillion, marking a 3.25% daily gain. The rally was fueled by institutional accumulation, Bitcoin’s breakout to new all-time highs, and optimism around U.S. crypto regulation.
That’s not all, major buys from enterprises like SharpLink and Metaplanet, combined with hype around “Crypto Week” and emerging support from the White House, are driving bullish momentum. As BTC dominance climbs to 63.6% and the Fear & Greed Index stays in “Greed” at 70, market sentiment is decisively optimistic.
What Happened in Crypto Market Today?
The crypto industry’s market cap rose by over $119 billion, hitting $3.8 trillion.
The intraday trading volume surged by 29.10%, reaching $150.62 billion, signaling strong participation.
Bitcoin price smashed through the psychological $122,000 resistance level, triggering $28
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