The total cryptocurrency market capitalization briefly surpassed the $3 trillion mark on Tuesday. This growth follows a broad rally across Bitcoin and major altcoins, with Bitcoin trading near $86,000, reflecting a 4.5% increase over 24 hours. Ether rose by 2.3% to $2,745, while XRP and Solana saw gains of 5.7% and 3.6% respectively.
Market activity is marked by rising speculative interest. Open interest in perpetual futures has reached nearly $160 billion, the highest level since late October 2025. On Monday, more than $920 million in bearish positions were liquidated as prices surged. Additionally, US spot Bitcoin ETFs recorded inflows of nearly $1 billion, the largest single-day total since October 2025.
Among smaller assets, the AKE token by Akedo has shown significant volatility. Ranked 208th by market capitalization, the token gained 170% over seven days, reaching a market cap of approximately $1.2 billion. After hitting an all-time high of $0.1467 on Sunday, the price dropped by more than 60%. Trading volume for AKE reached $108.9 million in the last 24 hours.
