The cryptocurrency market cap briefly climbed back above $3 trillion earlier on Tuesday as Bitcoin and the biggest altcoins extended a broad rally, while increasing leverage pointed to growing speculative activity.
Bitcoin (BTC) traded around $86,000, up about 4.5% over the past 24 hours, according to CoinGecko. Ether (ETH) gained about 2.3% to $2,745, while XRP rose 5.7% to $1.53 and Solana (SOL) advanced 3.6% to $117. BNB gained 1.6%, while Dogecoin (DOGE) was among the stronger large-cap performers, rising about 11%.
The total crypto market cap stood just below $3 trillion at the time of writing, up about 4.3% over the previous day.
Bloomberg reported that open interest in perpetual futures across crypto had climbed 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, raising the prospect that leverage could amplify moves in either direction.
US spot Bitcoin ETFs also drew nearly $1 billion on Monday, their largest single-day inflow since October 2025.
Further down the market-cap rankings, Akedo’s AKE token has emerged as one of the week’s biggest movers. Ranked 208th out of all 8,161 active cryptocurrencies listed on CoinMarketCap, AKE has gained about 170% over the past seven days, lifting its market cap 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 plunging more than 60% from its peak. Traders have exchanged $108.9 million worth of AKE in the past 24 hours.
Related: Bitcoin cycle bottom may already be in at $58K, says analyst James Check
