Bull Run Begins: Crypto Market Hits $3.1 Trillion Milestone as Bitcoin Nears $90,000 🚀

The cryptocurrency market has experienced a significant surge with its total market capitalization reaching a new all-time high of $3.12 trillion, which is close to France's GDP. This growth is spearheaded by Bitcoin, whose price has soared to $89,500, contributing to its market cap of over $1.77 trillion.

Notably, the crypto market cap now surpasses the value of technology giant Microsoft and is approaching the economic weight of giants like Nvidia and Apple. The bullish momentum in the crypto space is becoming more pronounced as these benchmarks are surpassed.

Looking ahead, financial institution Standard Chartered has forecasted that the total cryptocurrency market cap could hit $10 trillion by 2026, especially if a Trump administration returns, which may provide a favorable regulatory environment for cryptocurrencies.

Moreover, Standard Chartered projects that Bitcoin, the leading cryptocurrency, could reach a staggering price of $200,000 during this period, further driving the market's growth and increasing mainstream adoption of cryptocurrencies.