Crypto Market Cap Surges Over $88B in Seven Hours

The cryptocurrency market witnessed a dramatic spike within a 7-hour window, with total market capitalization climbing approximately $88.8 billion—a solid 3.0% jump. The total market cap accelerated from $2.93 trillion to break through the $3.02 trillion mark. However, the rally proved short-lived. Following this explosive move, the market pulled back below the $3 trillion threshold in subsequent hours, highlighting the volatile nature of crypto markets. The swift reversal suggests profit-taking kicked in after the significant intraday surge, a pattern common when major psychological price levels are tested.