{"id":166030,"date":"2025-08-11T11:50:00","date_gmt":"2025-08-11T08:50:00","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=166030"},"modified":"2025-08-11T11:50:00","modified_gmt":"2025-08-11T08:50:00","slug":"crypto-market-tops-4-04-trillion-heres-whats-fueling-the-rally","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/crypto-market-tops-4-04-trillion-heres-whats-fueling-the-rally\/","title":{"rendered":"Crypto Market Tops $4.04 Trillion: Here\u2019s What\u2019s Fueling the Rally"},"content":{"rendered":"
Gains were led by heavy institutional accumulation of Ethereum, a bullish technical breakout in the broader market, and fresh regulatory momentum supporting Bitcoin adoption.<\/p>\n
Ethereum was at the center of the rally after Fundamental Global filed with the SEC to allocate up to $5 billion toward acquiring as much as 10% of the token\u2019s circulating supply.<\/p>\n
The announcement ignited a 20% weekly jump in ETH prices, with futures funding rates climbing 320% since August 7 as traders increased leveraged long positions. Analysts at Matrixport now project ETH could reach $4,892, citing growing staking participation, which has locked over 30% of the supply.<\/p>\n
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From a market-wide perspective, the total crypto capitalization cleared the $4.04T threshold, breaking past a key Fibonacci resistance. MACD momentum turned decisively positive, adding $12.56 billion to the histogram, while the RSI remains at a healthy 60.69 \u2014 signaling room for further upside before overbought conditions emerge. Trading volume rose 8.83% over the previous day, reinforcing bullish continuation prospects toward the next target at $4.29T.<\/p>\n
Regulatory developments added to the optimism. El Salvador approved a law enabling investment banks to hold Bitcoin and offer crypto-based services, marking the first national framework for institutional BTC banking. In Europe, Montenegro announced plans for \u20ac500 million in bonds to fund a national Bitcoin reserve.<\/p>\n