Crypto stocks in the US saw significant gains, especially Bakkt which led the surge with a rise of 31.5%. Mining companies and crypto exchanges also performed well, contributing to investor confidence.
The total crypto market capitalization increased by 1.3% to nearly 3.3 trillion USD, recovering from just over 3 trillion USD at the year’s start. This reflects an improving market sentiment after the holiday slump.
Bitcoin gained 1.2% to stabilize around 93,800 USD, while Ether hit over 3,200 USD, marking its highest price in three weeks. Meanwhile, XRP surged nearly 12% to 2.39 USD, showcasing robust market dynamics.
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