Crypto market cap reclaims $3 trillion as Bitcoin, altcoins rally

Cryptocurrency markets pushed higher on Tuesday, briefly lifting the aggregate market capitalization back above the $3 trillion mark as Bitcoin and several large-cap altcoins advanced. CoinGecko data showed Bitcoin trading near $86,000, roughly a 4.5% gain over the previous 24 hours, while Ether rose about 2.3% to $2,745. Other notable moves included XRP climbing to $1.53 (+5.7%), Solana to $117 (+3.6%), and Dogecoin among the stronger large-cap performers with an approximate 11% increase.

Despite the earlier intra-day move above $3 trillion, the total market cap was reported just below that threshold at the time of writing, representing roughly a 4.3% rise from the prior day. Market breadth was accompanied by growing activity in derivatives markets: Bloomberg reported that open interest in perpetual futures had approached $160 billion, the highest level since late October 2025. The outlet also said more than $920 million of bearish positions were liquidated on Monday as prices climbed.

Derivatives metrics and recent liquidations may raise the potential for leveraged flows to amplify swings in either direction. Meanwhile, U.S. spot Bitcoin exchange-traded funds registered nearly $1 billion of inflows on Monday, marking their largest single-day net intake since October 2025, according to the report.

Smaller-cap tokens also saw outsized moves. Akedo's AKE token, ranked 208th out of 8,161 active cryptocurrencies on CoinMarketCap, rose about 170% over the past seven days to a market capitalization near $1.2 billion. AKE reached an all-time high of $0.1467 on Sunday before subsequently falling more than 60% from that peak, and roughly $108.9 million worth of AKE changed hands in the previous 24 hours.