The crypto market is up today, with the cryptocurrency market capitalisation increasing by 2.6%, now standing at $3.62 trillion. Nearly all of the top 100 coins have risen over the past 24 hours. At the same time, the total crypto trading volume is at $136 billion. TLDR: The crypto market capitalisation is up by 2.6% on Monday morning (UTC); 99 of the top 100 coins and all of the top 10 coins are up today; BTC increased by 4.3% to $106,253, and ETH rose by 5.7% to $3,606; The US Senate advanced a deal on ...

Market Overview - The cryptocurrency market capitalization has increased by 1.3%, now standing at $3.8 trillion, with total trading volume at $190 billion [1][2] - 80 of the top 100 coins have appreciated over the past 24 hours, indicating a positive market trend [1][4] Top Performers - Bitcoin (BTC) has risen by 1.7% to $109,789, while Ethereum (ETH) is up by 0.3% to $3,875 [2][3] - Binance Coin (BNB) saw the highest rise among the top coins, increasing by 3.2% to $1,103 [3] - ChainOpera AI (COAI) recorded the most significant increase among the top 100 coins, appreciating by 70.4% to $13.96 [4] Market Sentiment and Trends - The market sentiment remains within the fear zone, with signals of 'demand exhaustion and fading momentum' [2] - Recent outflows from US BTC and ETH spot ETFs amounted to $101.29 million and $18.77 million, respectively [2] - Investors are awaiting the US consumer price index (CPI) report, which may influence near-term market direction [6] Notable Declines - Zcash (ZEC) experienced the largest decline, dropping by 9.8% to $243.46, followed by Provenance Blockchain (HASH) with a 6% decrease [5] - The market has seen renewed volatility, particularly after a $19 billion wipe-out in leveraged positions, leading to increased caution among investors [5] External Factors - The Bank of Korea has kept its benchmark interest rate unchanged, which may impact market dynamics in South Korea [7]

Market Overview - The cryptocurrency market capitalization has decreased by 1.4%, now standing at $3.88 trillion, with 93 of the top 100 coins experiencing price drops [1][2] - Total crypto trading volume is reported at $194 billion [1] Price Movements - Bitcoin (BTC) has fallen by 2.2%, currently trading at $110,774 [2][3] - Ethereum (ETH) has decreased by 4.4%, now priced at $3,993 [2][3] - Solana (SOL) recorded the highest drop at 6.8%, trading at $192, followed by XRP with a 5.5% decline to $2.39 [3] Notable Performers - The only coin showing an increase is Tron (TRX), which rose by 0.4% to $0.3216 [4] - Bittensor (TAO) experienced the largest drop among the top 100 coins, down 14.2% to $388, with Aster (ASTER) and Story (IP) also seeing significant declines of 12.8% and 10% respectively [4] - ChainOpera AI (COAI) had a substantial gain of 53.1%, now priced at $24 [4][5] Institutional Activity - A long-dormant Bitcoin wallet transferred 2,000 BTC, valued at approximately $222 million, into 51 new addresses, raising speculation about potential selling or fund shuffling by early holders [5] - US BTC spot ETFs experienced outflows of $94 million, while ETH spot ETFs saw inflows of $5.32 million, indicating a decline in institutional demand [2] Market Sentiment - Current market sentiment is categorized within the fear zone, similar to levels observed in April [2]

Core Insights - The cryptocurrency market capitalization has increased by 4.4%, reaching $4 trillion, with 97 of the top 100 coins appreciating in value over the past 24 hours [1][2] - Bitcoin (BTC) rose by 2.9% to $115,097, while Ethereum (ETH) increased by 8.7% to $4,152, indicating a strong recovery among major cryptocurrencies [2][3] - The recent market correction has been attributed to excessive leverage being cleared out, allowing for a reset of risk in the market [2][5] Market Performance - The total crypto trading volume stands at $270 billion, reflecting active trading conditions [1] - Binance Coin (BNB) saw the highest increase among the top coins, rising by 14.9% to $1,318, followed by Dogecoin (DOGE) with a 10% increase to $0.2087 [4] - ChainOpera AI (COAI) recorded the highest increase among the top 100 coins, with a remarkable 51.1% rise [4] Market Sentiment and Events - Market sentiment had dropped into negative territory but has since improved towards neutrality [2] - The recent market downturn was exacerbated by fears of a U.S.-China trade war, leading to significant liquidations totaling $19 billion across the industry [5][6] - Forced liquidations and panic selling contributed to a rapid price decline, creating a self-reinforcing cycle of liquidations [6]

Market Overview - The cryptocurrency market capitalization has increased by 1.1%, reaching $4.16 trillion, with a total trading volume of $146 billion [1][2] - 84 of the top 100 coins are showing positive performance, including 9 of the top 10 coins [2] Major Coins Performance - Bitcoin (BTC) has risen by 1.2%, currently trading at $117,255 [3] - Ethereum (ETH) is up 0.9%, trading at $4,544 [3] - Binance Coin (BNB) has the highest increase among major coins at 2.8%, trading at $954 [3] - XRP has increased by 1.5%, now priced at $3.02 [3] Underperforming Coins - Tron (TRX) is the only coin in the red, down 1.1% to $0.3419 [4] - Among the top 100 coins, 16 are showing negative performance, with Pump.fun (PUMP) down 5.1% [4] Notable Gainers - MYX Finance (MYX) has appreciated significantly by 43.2%, now trading at $15.65 [4] - Sky (SKY) has also shown a double-digit rise of 10.5%, trading at $0.07635 [4] Institutional Developments - Banco Santander has started offering retail crypto trading through its online bank Openbank [2] - The Ether Machine has filed for a SPAC merger with Dynamix Corporation to go public in the US [5] Economic Context - The US Federal Reserve is expected to announce a 25 basis point rate cut, which could influence the prices of major blue-chip coins [6] - Analysts suggest that a dovish outcome from the Fed could propel Bitcoin towards the $118,000 liquidation zone [6]