$33,000,000,000 in 6 Hours Gained by Crypto Market in Massive Reversal

CN
U.today
Follow
21 hours ago

The cryptocurrency market experienced an abrupt surge of bullish momentum, adding over $33 billion in total capitalization in just six hours, indicating a short-term shift in traders’ risk-on stance. Bitcoin, Ethereum and XRP led the charge as the rally propelled almost all significant assets into the green.


Massive market growth


Bitcoin increased 0.67% to approximately $110,700, while Ethereum (ETH) increased 1.22% to regain the $3,850 mark, according to market data. Following closely behind, XRP saw a daily gain of 11%, which was sufficient to overtake BNB and reclaim the fourth-largest cryptocurrency position by market capitalization.



Source: CoinMarketCap

At $152.2 billion, XRP’s total market capitalization is now ahead of BNB’s $150.4 billion, a slight but significant lead that indicates a resurgence of investor interest. Solana (+1.04%), Cardano (+0.62%) and Dogecoin (+0.61%) are all included in the sea of green that is the overall market heat map.


HOT Stories Top Trader Explains Why XRP Is Holding Up Better Than Other CoinsWhat's Next for XRP? Ripple CTO Set to Reveal Treasury Insights at Key EventWill Dogecoin (DOGE) Price Rebound in November?Crypto Market Prediction: Is Shiba Inu (SHIB) in Critical Condition? Ethereum (ETH) Bounce Must Happen, Bitcoin (BTC) Bounces Before $110,000

Staying positive


As Bitcoin’s stable position above its 200-day moving average restored some confidence, buying pressure briefly increased even for smaller-cap assets. The technical setup for Bitcoin is still cautiously optimistic, it is still above the crucial $108,000 support zone, and the next resistance cluster is forming close to $113,800-$114,000, which is in line with the 100-day moving average.


You Might Also Like
Sun, 11/02/2025 - 07:56 Top Trader Explains Why XRP Is Holding Up Better Than Other CoinsByAlex Dovbnya


Ahead of significant macro data releases, the timing of the rally points to aggressive short liquidations and updated institutional positioning. Although most large caps’ RSI levels are still neutral, this move might be more of a relief rally than the beginning of a full-scale bull run.


Right now, all eyes are on XRP, whose return to the fourth spot may spark new conversations about its long-term potential in payments and remittances. The general lesson, however, is obvious: traders are back in action, liquidity is returning, and the cryptocurrency market has just served as a reminder to everyone of how quickly momentum can change.


免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink