Crypto Market Cap Hits $3.25 Trillion as Bitcoin Stabilizes Above $96,000

$3.25 trillion. That's the milestone the global crypto market cap just brushed against before the recent rally began to cool. Bitcoin remains the anchor, holding firm above the $96,000 mark, even as performance across other major tokens stays mixed.

Crypto Market Cap $3.25 Trillion Milestone and Market Sentiment

According to Reuters, the total valuation of the cryptocurrency market surged toward $3.25 trillion during the latest trading sessions. This massive valuation reflects a growing appetite from institutional players. While Bitcoin hasn't relinquished its gains, staying steady at over $96,000, the broader market is entering a consolidation phase.

Mixed Performance Among Altcoin Majors

The market's cooling is most evident in the major altcoins, which are showing divergent trends. Some have pulled back as traders lock in profits, while others struggle to find momentum. Analysts suggest that the Relative Strength Index (RSI) for many assets had reached overbought territory, making this breather a necessary step for sustainable growth.