Crypto market cap briefly retakes $3T as Bitcoin and altcoins rally

The total cryptocurrency market cap briefly climbed above $3 trillion earlier on Tuesday as Bitcoin and major altcoins extended a broad rally. It stood just below $3 trillion at the time of writing, up about 4.3% from the previous day. Bitcoin traded around $86,000, up about 4.5% over 24 hours, according to CoinGecko. Ether gained about 2.3% to $2,745, XRP rose 5.7% to $1.53, and Solana advanced 3.6% to $117. BNB gained 1.6%. Dogecoin was among the stronger large-cap performers, rising about 11%. Bloomberg reported that open interest in perpetual futures across crypto had risen to nearly $160 billion, its highest level since late October 2025. More than $920 million in bearish positions were liquidated on Monday as prices surged, according to the report. The increase in leverage raised the prospect that it could amplify market moves in either direction. US spot Bitcoin ETFs attracted nearly $1 billion on Monday, their largest single-day inflow since October 2025. Akedo's AKE token was ranked 208th among 8,161 active cryptocurrencies listed on CoinMarketCap. AKE gained about 170% over seven days, lifting its market capitalization to roughly $1.2 billion at the time of writing. The AI gaming and content token reached an all-time high of $0.1467 on Sunday before falling more than 60% from that peak. Traders exchanged $108.9 million worth of AKE over the previous 24 hours.