Bitcoin, Ethereum Rally Boosts Crypto Market Cap To $3.6trn

Bitcoin, Ethereum Rally Boosts Crypto Market Cap to $3.6trn

Bitcoin and Ethereum are driving crypto market capitalisation higher on Monday as investors rush to buy the dip. Top cryptocurrencies are trading positive on hope that the U.S. government’s shutdown will end.

This expectation boosted risk sentiment at the start of the week as international stock markets tracked U.S. futures higher, and the dollar perked up slightly.

Increased demand for top heavyweight in the crypto market lifted market capitalisation higher by more than 5% to $3.6 trillion on Monday

Trading data showed that other tokens, altcoins, are supporting the bullish charge, reversing the sell pressures experienced in the market last week.

Data from CoinMarketCap.com…

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