Macro Easing Meets Spot Demand: Crypto Market Hits $3T as Bitcoin Tests $87K
Global crypto market capitalization surged from $2.60 trillion to over $3.00 trillion, driven by macroeconomic easing, lower U.S. Treasury yields, and over $900 million in short liquidations. Bitcoin tested $87,397 amid record U.S. spot ETF inflows, while Ethereum climbed to $2,750 on corporate treasury accumulation. Institutional interest, expanding DeFi activity, and key infrastructure updates continue to solidify market strength.