The global crypto market cap rose back above the $2.5 trillion figure as geopolitical and macroeconomic concerns led to the wipeout of over $250 million in short positions that fueled crypto price gains.
Summary
- Crypto market cap climbed back above $2.5T as over $250M in short positions were liquidated, driving price gains.
- Bitcoin touched $73K while ETF inflows rebounded, with $343M into BTC ETFs and $85M into ETH products.
- Ceasefire tensions and sticky U.S. inflation remain key risks that could trigger renewed volatility.
According to data from CoinGecko, the total market cap of all cryptocurrencies combined rose 1.4% to $2.52 trillion on Friday, April 10. Bitcoin…
