Why is Crypto Up Today?
TLDR
- The crypto market cap increased $13.8 billion to $3.80 trillion, with total market testing $3.81 trillion support level
- Bitcoin trades at $111,295, staying rangebound between $110,000 and $112,500 resistance levels
- AI-related tokens surged over 14% with Worldcoin gaining 55% on reserve announcements
- MYX Finance jumped 284% to $13.32 following WLFI listing news
- Federal Reserve rate cut expectations and institutional ETF inflows are driving market optimism
The cryptocurrency market added $13.8 billion in value today, bringing the total market capitalization to $3.80 trillion. The gains come as investors respond to multiple factors including artificial intelligence token rallies and expectations of Federal Reserve…
