Editor's PiCK

Cryptocurrency Market Cap Recovers to $2.68 Trillion… XRP Rebounds 20% in a Week

Source
Minseung Kang

Summary

  • It was reported that the global cryptocurrency market has rebounded, recovering a market cap of $2.68 trillion.
  • It was stated that the upward trend of major cryptocurrencies such as Bitcoin, Ethereum, and Ripple is contributing to the recovery of investor sentiment.
  • Ripple surged 20% in a week, adding vitality to the market.

The cryptocurrency market, which had been in a correction phase due to global tariff conflicts, has rebounded, recovering a market cap of $2.68 trillion.

According to CoinMarketCap, a global cryptocurrency market tracking site, the total market cap of cryptocurrencies as of today is $2.68 trillion. The cryptocurrency market cap has been steadily recovering since hitting a short-term low of $235 million on the 7th due to fears of Trump's tariff threats.

In particular, major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are showing an upward trend, improving investor sentiment.

On this day, the cryptocurrency-focused media CoinTrackDaily reported, "Bitcoin showed an upward trend again at the $84,000 level, and Ethereum quickly broke through the $1,600 resistance level," adding, "Ripple surged about 20% over the past seven days. The market is regaining its vitality."

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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