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I just saw that the crypto market recently surged quite strongly. We're talking about around 50 billion dollars that entered the cryptocurrency market capitalization in just one hour. Honestly, these movements in cryptocurrency market capitalization are brutal when they happen in such a short period.
It's not very clear what exactly triggered all this, but it seems there was a lot of fresh money coming in. Probably a combination of traders taking advantage of the moment and some general optimism in the sector. What is certain is that the cryptocurrency market capitalization can change incredibly within minutes.
These kinds of jumps are typical in crypto, but it's still surprising to see 50 billion moving like that. If you weren't paying attention at that moment, you completely missed it. Definitely, the crypto market never ceases to surprise with this kind of volatility.