The total market capitalization of the crypto market has reached a new high in 6 months! Bitcoin continues to set new highs, with PENGU leading the rise of alts.
The crypto market has seen a strong rise in the last 24 hours, with a total market capitalization increase of $170 billion, reaching $3.59 trillion. Bitcoin set a new all-time high of $117,393.7, while Pudgy Penguins(PENGU) led the alts with a rise of nearly 20%. Meanwhile, the appointment of the new OCC chairman and the controversy surrounding Elon Musk's Grok AI have become hot topics of market interest. Market sentiment is positive, but attention needs to be paid to the pullback risk of Bitcoin prices and whether the alts can sustain their upward momentum.