Why Is The Crypto Market Up Today?

The total crypto market cap (TOTAL) and Bitcoin (BTC) continued their increase over the last 24 hours. With the entire market noting optimism, altcoins rallied without any external catalyst, led by Polkadot’s 30% rise.

In the news today:-

• Circle reported $770 million in Q4 2025 revenue, up 77% year-over-year, as USDC circulation rose 72% to $75.3 billion. On-chain USDC transaction volume surged 247% to $11.9 trillion, highlighting accelerating stablecoin adoption.
• Crypto liquidity provider BlockFills halted client withdrawals following $75 million in losses, and CEO Nicholas Hammer resigned from his role. The Chicago-based firm offers liquidity and lending services to institutional clients, including hedge funds, asset managers, and high-net-worth trading firms.

The Crypto Market Is Still Green

The total crypto market cap has increased by $85 billion in the past 24 hours, reaching $2.33 trillion at the time of writing. Broad-based gains across Bitcoin and major altcoins signal improving investor sentiment. Strengthening liquidity suggests the crypto market is regaining short-term momentum.

Sustaining this recovery remains critical for trend continuation. A consistent push could drive TOTAL toward the $2.37 trillion level in the coming days. Favorable macroeconomic cues, including stabilizing global markets, support the bullish outlook. Continued inflows would reinforce confidence across digital asset sectors.

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TOTAL Price Analysis. Source: TradingView

However, upside momentum depends on investor conviction. If traders shift toward profit-taking, selling pressure may reemerge. A reversal in sentiment could drag TOTAL back toward $2.22 trillion. Losing that level would weaken the recovery structure and reintroduce volatility into the broader crypto market.

Bitcoin Climbs Above $68,000

Bitcoin price is trading at $68,083 at the time of writing, hovering below the $68,830 resistance level. This threshold remains a key barrier for short-term momentum. A decisive breakout above it could open the path toward $70,000 and potentially extend gains higher.

Although Bitcoin has recovered this week’s losses, it has not yet reclaimed the $70,000 level as confirmed support. Sustained trading above that ceiling would strengthen the bullish structure. A successful breakout could drive BTC toward the next resistance near $72,294 and reinforce upward momentum.

Bitcoin Price Analysis. Source: TradingView

However, downside risk persists if selling pressure returns. A pullback toward $66,224 would test immediate support. Losing that level could trigger further weakness, exposing Bitcoin to a decline toward $65,000 and invalidating the short-term bullish outlook.

Polkadot Jumps Sharply

Polkadot (DOT) price has surged 30% in the past 24 hours, trading at $1.62 at the time of writing. The altcoin attempted to flip $1.64 into support but failed to sustain the breakout. Despite the pullback, short-term momentum remains elevated amid broader crypto market strength.

Although the rally may appear event-driven, the DOT price largely benefited from overall market expansion. Continued bullish sentiment across Bitcoin and major altcoins could support another attempt above $1.64. With the 50-day EMA acting as dynamic support, DOT may advance toward $1.79 if buying pressure persists.

DOT Price Analysis. Source: TradingView

However, upside depends on sustained investor confidence. Profit-taking could trigger renewed selling pressure. Immediate support stands at $1.52, followed by $1.36. A breakdown below these levels would erase recent gains and invalidate the short-term bullish outlook for Polkadot price.