Crypto Market Capitalization Hits $3 Trillion: 6 Altcoins Driving the Growth

    Crypto market capitalization hits $3 trillion as altcoins growth surges. Explore key trends in cryptocurrency today and what they mean for the market’s recovery.

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    Updated Apr 23, 2025 10:47 AM GMT+0
    Crypto Market Capitalization Hits $3 Trillion: 6 Altcoins Driving the Growth

    After weeks of intense fluctuations, the crypto market capitalization has officially topped $3 trillion once again this morning, for the first time since early March. This is big news for investors who’ve been waiting for signs of a boost in the market. Over $500 billion has poured in since April 9, and while Bitcoin continues to lead the charge, this latest surge also shows real signs of altcoins growth across the board.

    If investors check cryptocurrency today, then they can see the fear and greed index rise from 38- Fear to 52- Neutral. Global politics, interest rate discussions, and ETF flow reversals are all stirring the pot. But most importantly, the mood has shifted. 

    Let’s break down what’s driving this rally and why this time, the momentum feels different.

    Bitcoin Dominates Cryptocurrency Today, But Altcoins Growth is Taking a New Turn

    There’s no denying that Bitcoin is still calling the shots in cryptocurrency today. It broke through its sideways channel to top $94,074, with potential resistance just above $95,000. That’s a strong move. Bitcoin is now up over 20% since the April dip and has maintained a dominant market share at 64.4%.

    But here’s the interesting part: altcoin growth is beginning to rise. Altcoins like Ethereum, Dogecoin, Cardano, Avalanche, and Sui aren’t just tagging along; they are surging to cross the resistance borders. All six of these coins show impressive performance over the last 48 hours, with gains that are waking up even the sleepiest corners of the crypto space.

    Altcoins Growth: The Comeback Party Is Real

    The altcoin rally is one of the biggest reasons for the crypto market capitalization to jump so quickly. Let’s look at the numbers:

    • Ethereum surged by 10.34%, reaching just under $1,795. After falling to $1,400 earlier this month. That’s real altcoins growth, even though Ethereum still struggles with market dominance.
    • Dogecoin jumped 11.35%, now sitting around $0.18. As usual, Dogecoin’s loyal fanbase and its memecoin magic are keeping it relevant in every cycle.
    • Cardano added 10%, climbing to $0.78. This isn’t just a random spike – Cardano has been gradually pushing higher with every bullish wave.
    • Avalanche saw a 14% boost, crossing $23 again. This puts Avalanche back on the radar for many long-term investors.
    • Sui, surprisingly, was one of the biggest gainers with a 29% pump. Sui hit $2.95, making it a star performer during this mini-rally.

    Each of these names- Ethereum, Dogecoin, Cardano, Avalanche, and Sui- played a key role in pushing the crypto market capitalization to new highs. 

    Cryptocurrency Today Feels Hopeful, But Is It Sustainable?

    While excitement is definitely back in the air, it’s worth asking: Is this the start of something bigger, or is it just another short-lived pump?

    The political environment is adding some fuel. US President Donald Trump made headlines with his softer tone on China tariffs and Federal Reserve policy. That’s helped ease some investor anxiety. Meanwhile, Spot Bitcoin ETFs in the U.S. are seeing inflows again, with over $1 billion entering this week alone. That kind of institutional interest can’t be ignored. Bitcoin is clearly strong right now, but Ethereum, Dogecoin, Cardano, Avalanche, and Sui are proving they’re not just following, they’re fighting for position. Their altcoins growth is what’s making this rally feel more balanced than past ones.

    As of cryptocurrency today, the signs of a broader market recovery are real. And while Bitcoin still holds the torch, the fire is starting to spread.  If this momentum continues, we might be seeing the early stages of a long-awaited recovery. Keep your eyes on crypto market capitalization, stay updated about altcoins’ growth, because the market is changing quickly

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