Crypto Market Update: Total Cap Hits $2.5 Trillion, Bitcoin and PEPE Prices Surge
Why Is The Crypto Market Up Today?
The total market cap (TOTAL) is reeling from the recent rally observed by all cryptocurrencies, which brought their combined value to $2.5 trillion. Bitcoin (BTC) is observing a similar price action as it trades under $70,000. PEPE, however, surprised its investors with a massive rise that established another new all-time high.
Presidential Candidate and Uniswap Labs News
- Donald Trump's campaign becomes the first to accept crypto donations
- Uniswap Labs responds to SEC Wells notice
Total Market Cap Analysis
The total market cap is above crucial support at $2.52 trillion, showing investor optimism. A bounce off this level could lead to a rise to $2.61 trillion.
Bitcoin's Price Growth
Bitcoin's price growth paused near $71,800, but may rise further if it bounces from $68,500. Profit-taking fears loom as investors eye gains, potentially affecting the market.
PEPE Hits New ATH
PEPE surges to new all-time highs at $0.00001430. Further growth possible, but profit realization could drive prices down.