The cryptocurrency market saw a sharp influx of capital over the past 24 hours as sentiment turned positive following days of uncertainty.

As of press time, the total crypto market capitalization stood at $2.61 trillion, marking a 24-hour increase of $100 billion from the $2.51 trillion recorded a day earlier.

Leading the rally, Bitcoin (BTC) climbed toward the $80,000 level, trading around $77,080 at press time and posting a daily gain of roughly 2.8%. The asset’s move higher coincides with a broader breakout after weeks of consolidation, positioning it near its highest levels since early February.

At the same time, Ethereum (ETH) rose about 3% to trade above $2,400, while XRP…