The total cryptocurrency market capitalization has experienced a rebound, increasing from approximately $2.0 trillion to over $2.3 trillion. According to NS3.AI, this growth reflects a growing buy-the-dip sentiment among investors. Key indicators, including stablecoin inflows to exchanges and aggressive accumulation by both whales and retail investors, are supporting renewed confidence in the market.
Analysts highlight the importance of maintaining the market capitalization above $2.3 trillion and Bitcoin's price above $71,000 to ensure a sustained recovery toward the $2.8 trillion mark. This sentiment underscores the cautious optimism prevailing in the market as investors look for signs of stability and potential growth.