The encryption market, which was stained in red yesterday, turned into Green today, and saw a major shift in the direction. Digital assets such as Sol, ETH and Pengu and a few others lead the double digital gains, while XRP and DOGE and a few others also follow. It is worth noting that some of the main updates have occurred during the past 24 hours, and feed the assembly.
The encryption market turns green, and the maximum market exceeds $ 4T
After the declining trend for about a week, Green dominates the Crypto Heatmap map today, which exposes a great recovery in digital assets. Coinmarketcap data It reveals that with a large upward trend, digital assets like Sol, XRP and others flourish. As a result, the ceiling of the global Crypto market increased by 4 %, exceeding the brand of $ 4 trillion. Moreover, the trading volume reached 260 billion dollars after an increase of 80 %.
Although the uncertainty and the shift in the direction is normal in the encryption space, the reflection today is unexpectedly. The various total economic events, including FOMC minutes, have already brought unexpected fluctuations to the market. It is believed that the same thing continues until the interest rate surrounds the hopes of assets.
Why does Sol, XRP, Doge, Pengu and other coins?
The encryption market displays signs of life again, as Bitcoin and the rest of Altcoins regain up ascending momentum. Starting with BTC, whose price increased by 2 % today, it finally exceeds the sign of $ 115,000 after the previous collapse.
Altcoins is also on a similar path, led by Solana and Ethereum Price Assembly. ETH is approaching ATH, while Sol crossed a $ 200 sign, led by Circle worth $ 500 million from USDC, ETF momentum, and more.
It is worth noting that the launch of the distinctive code for Kanye’s Yzy on the Solana network has also fueled the assembly. Doge Price also increases by 8.8 % today amid the accumulation of whale and the opposite of the direction, while Pengu rose by 15 % amid the noise of the game’s launch.
Even XRP exceeded the sign of $ 3 as the Ripple VS SEC lawsuit is officially ended.
- Source: CoinMarketcap, Map Heating of the Crusion
All of these heroes face the increasing reaction and high trading size. In this regard, the Jerome Powell’s Jackson Hole speech played the most important role because it has hinted at the upcoming interest rate discounts.
Moreover, ETF exporters updated their files due to good signs of the Supreme Education Council, which fueling the performance of digital assets. In general, the main (positive) developments of the encryption space have occurred in the past few hours, pumping the market up.
Related questions (common questions)
Sol, ETH and Pengu lead today with two numbers.
The total maximum market increased by more than 4 % today, exceeding 4 trillion dollars.
Jerome Powell Jackson Hall’s speech primarily led to the Chefir Market today.
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2025-08-23 07:29:00
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