Cryptocurrencies Rally Collectively, U.S. Concept Coins Shine!
TradingKey - The crypto market rebounds collectively, with U.S. concept coins performing exceptionally well, surging over 8%.
On Wednesday, market sentiment improved, prompting a return of capital to the crypto market, leading to a broad rebound. Data shows that the total market capitalization surged nearly 6%, recovering to $2.7 trillion.
Crypto Market Total Market Cap Change (Past 30 Days), Source: CoinMarketCap.
Over the past 24 hours, Bitcoin (BTC) rebounded approximately 5%, reclaiming the $80,000 level and temporarily trading at $83,033. Ethereum (ETH) rose over 2% to $1,909, while Ripple (XRP) surged more than 10% to $2.22. Binance Coin (BNB) gained nearly 4%, reaching $552.
In this rally, U.S. concept coins led the gains, rising over 8%. Among them, XRP, AVAX, SUI, PEPE, DYDX, RENDER, and ONDO all surged more than 10%, with KAS performing even more impressively, jumping over 20%.
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