Crypto markets extended their upward momentum, with total capitalization climbing to roughly $3.24 trillion as buying pressure intensified across major assets.
The move reflects a broad-based rally rather than a narrow spike, with both large-cap cryptocurrencies and market indices posting solid gains.
Key takeaways
Total crypto market cap has risen to about $3.24 trillion
Bitcoin is trading above $95,000 with strong volume support
Market sentiment remains constructive despite signs of overheating
Bitcoin is leading the advance, trading above $95,000 and pushing its market capitalization past $1.9 trillion. Daily trading volume has surged alongside price action, signaling strong participation rather than thin, speculative moves. The rally comes as softer-than-expected macroeconomic data renewed appetite for risk assets, helping fuel demand for digital assets.
Ethereum is also outperforming, climbing above $3,300 with daily gains nearing seven percent. The move places Ether among the stronger large-cap performers, supported by rising volumes and renewed interest in smart contract platforms.
Other major assets, including Solana and BNB, are posting steady advances, while XRP has shown mixed performance over longer time frames.
Momentum Builds, but Signals Flash Caution
Despite the rally, sentiment indicators suggest a more balanced picture. The Fear and Greed Index has risen to the low fifties, indicating neutral-to-positive sentiment rather than outright exuberance. At the same time, the average crypto relative strength index has moved into overbought territory, hinting that short-term pullbacks remain possible even as the broader trend stays intact.
Altcoins, however, continue to lag Bitcoin. The altcoin season index sits below thirty out of one hundred, showing that capital remains concentrated in the largest assets rather than rotating aggressively into higher-risk tokens.
Overall, the market appears to be advancing on improving macro conditions and sustained demand rather than speculative excess. Bitcoin’s push above $95,000, combined with rising total market value, suggests investors are positioning for further upside — though elevated momentum indicators imply the pace of gains may slow in the near term.
