Why Is The Crypto Market Up Today?
TLDR
- Crypto market cap hits $3.95 trillion, approaching $4 trillion as Bitcoin holds above $115,000
- U.S. inflation data came in lower than expected at 2.6%, boosting Fed rate cut expectations for next week
- Institutional money pours in with $757 million flowing into crypto ETFs in 24 hours
- SEC launches “Project Crypto” framework for tokenization and stablecoins, improving regulatory outlook
- Technical indicators show bullish signals as altcoins post double-digit gains and “altseason” sentiment returns
The cryptocurrency market posted strong gains today, with total market capitalization reaching $3.95 trillion as Bitcoin climbed above $115,000. The rally comes as multiple factors align to boost investor confidence…
