Crypto market cap climbs back above $3 trillion as Bitcoin and altcoins rally

Bitcoin (BTC) traded around $86,000, up roughly 4.5% in the past 24 hours, as a broad rally lifted the overall cryptocurrency market cap to just under $3 trillion, a gain of about 4.3% from the previous day.

Altcoin gains support the rally

Ether (ETH) rose 2.3% to $2,745. XRP advanced 5.7% to $1.53, Solana (SOL) climbed 3.6% to $117, BNB increased 1.6%, and Dogecoin (DOGE) posted the strongest large‑cap gain at roughly 11%.

Derivatives leverage hits multi‑month high

Open interest in crypto perpetual futures reached nearly $160 billion, the highest level since late October 2025, according to Bloomberg. More than $920 million in bearish positions were liquidated on Monday as prices surged, highlighting the potential for leverage to amplify market moves.

Spot Bitcoin ETFs attract inflows

U.S. spot Bitcoin exchange‑traded funds recorded inflows of almost $1 billion on Monday, marking the largest single‑day net addition since October 2025.

Smaller token sees rapid rise

Akedo’s AKE token, ranked 208th among over 8,000 active cryptocurrencies, surged about 170% over the past week, lifting its market cap to roughly $1.2 billion. The token hit an all‑time high of $0.1467 before retreating more than 60% from that peak, with $108.9 million traded in the last 24 hours.