Crypto Frenzy Ignites! BTC, ETH Lead Broad Market Rally as Crypto Stocks Surge

Source Tradingkey

TradingKey – A wave of capital inflows has reignited the crypto market, sending major tokens and crypto-related equities soaring. 

On Thursday, July 3, weaker-than-expected U.S. ADP jobs data and a spike in M2 money supply triggered a rush into digital assets, pushing total crypto market capitalization from $3.24 trillion to $3.39 trillion in just 24 hours — a net inflow of over $100 billion.

crypto-btc-eth

30-Day Crypto Market Cap Trend – Source: CoinMarketCap.

At the time of writing:

- Bitcoin (BTC) is up over 3%,

- Ethereum (ETH) has surged nearly 8%,

- Other majors like XRP, Solana (SOL), and Dogecoin (DOGE) are posting gains between 3% and 8%.

The rally has spilled over into crypto equities, with:

- Bakkt (BKKT) skyrocketing 32%,

- Hut 8 Mining (HUT) up 14%,

- Marathon Digital (MARA) gaining 13%,

- MicroStrategy (MSTR), Coinbase (COIN), and Robinhood (HOOD) each rising more than 5%.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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