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Why Crypto Market is Up Today? Major Whale Activity Sparks $2.38T Market Rally

  • The cryptocurrency market, led by Bitcoin (BTC), edged 2 percent higher in the past 24 hours to hover about $2.38 trillion.
  • The meme coin industry - led by Shiba Inu (SHIB), Dogecoin (DOGE), and Pepe (PEPE) - led the altcoin industry in bullish sentiment.
  • Rising demand from whale investors as on-chain data shows whales have significantly increased their accumulation pace.
  • Gold, Silver, and major stock indexes edged higher, signaling the onset of the macro bull market.

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