Why Is the Crypto Market Up Today?

Key Notes

  • The crypto market recorded a 1.9% rally to hit $3.92 trillion amid soaring bullish sentiment.
  • Bitcoin and Ethereum prices spiked by 4% and 3% to pare off accrued losses.
  • The perceived crypto market catalysts are the easing of US-China trade tensions and potential Federal Reserve rate cuts.

The crypto market is up today as top coins like Bitcoin

BTC
$114 973



24h volatility:
1.0%


Market cap:
$2.29 T



Vol. 24h:
$61.52 B



and Ethereum

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