As per U.Today, the cryptocurrency market added over $33 billion in total capitalization within six hours, driven by a bullish reversal. Bitcoin rose 0.67% to $110,700, Ethereum regained $3,850, and XRP surged 11% to overtake BNB and reclaim the fourth-largest market cap position. XRP’s market cap now stands at $152.2 billion, slightly ahead of BNB’s $150.4 billion. Smaller-cap assets also saw increased buying pressure as Bitcoin remained above its 200-day moving average. The rally is attributed to aggressive short liquidations and updated institutional positioning ahead of major macro data releases.
Crypto Market Surges $33 Billion in 6 Hours, XRP Reclaims 4th by Market Cap
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