The total value of the cryptocurrency market has returned to more than US$3 trillion
In less than three weeks, the cryptocurrency market has added more than US$740 billion in value, and its total market value has regained its position. The US$3 trillion mark. Bitcoin prices fell back after hitting a high of $87,381 and are now stabilizing at around $86,000. At the same time, perpetual contract positions are close to US$160 billion, reflecting that market leverage levels remain high.
Traditional financial markets simultaneously hit new highs
The Nasdaq index hit an all-time high during the session, while Brent crude oil prices hovered around US$100 a barrel.
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