Why is the Crypto Market Up Today?

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The total crypto market cap (TOTAL) and Bitcoin (BTC) are healing albeit very slowly at the time of writing. Among the altcoin Flare (FLR) took the top spot with a 15.5% rise.

In the news today:-

Ohio Congressman Thaddeus Claggett introduced a bill to prohibit AI personhood, restricting large language models from owning property, managing employees, or bearing legal liability. The legislation, framed as “common sense,” could reshape corporate policies around AI use and accountability. Jiuzi Holdings surged 55.5% in premarket trading after unveiling a $1 billion crypto investment plan in Bitcoin, Ethereum, and BNB. The company also introduced a risk oversight framework to diversify assets and strengthen competitiveness in China’s New Energy Vehicle market.

The Crypto Market Shows Signs Of Improvement

The total crypto market cap has shown minimal growth in the last 24 hours, rising only $3 billion. At the time of writing, TOTAL stands at $3.82 trillion. This muted performance highlights the ongoing uncertainty across the broader market, as investors wait for stronger directional momentum.

TOTAL has secured $3.81 trillion as a crucial support level, offering the chance for a potential rebound. A bounce from this floor could push the market toward $3.89 trillion. Reaching this level would signal some recovery.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.Total Crypto Market Cap Analysis. Source: TradingView

However, if bearish momentum builds further, TOTAL risks sliding below its $3.81 trillion support. A breakdown from this level could trigger a deeper decline, with the market potentially falling to $3.73 trillion.

Bitcoin Aims To $115,000

Bitcoin price has shown little growth in the last 24 hours, gaining less than 1%. At the time of writing, BTC is trading at $112,764. This muted movement reflects broader market uncertainty.

Bitcoin has managed to secure $112,500 as a support level, which is a critical threshold for its short-term outlook. Holding this floor would allow the crypto king to push toward the $115,000 resistance. Breaking that barrier could confirm a recovery phase and restore confidence among investors awaiting bullish momentum.Bitcoin Price Analysis. Source: TradingView

However, if Bitcoin faces renewed bearishness, the price could slide below $112,500 once again. A breakdown from this level might extend losses, sending BTC toward $110,000. Such a move would invalidate the bullish thesis.

Flare Showed A Lot Of Flair

Flare emerged as the best-performing altcoin today, rising 15.5% in the last 24 hours. The crypto token is currently trading at $0.027. This sharp jump highlights renewed investor interest, making it one of the standout movers.

Story Continues

If Flare maintains its momentum, the altcoin could continue posting gains and climb toward the $0.028 resistance level. A breakout above this barrier would strengthen the bullish outlook, potentially pushing FLR higher to $0.029.FLR Price Analysis. Source: TradingView

However, if investors begin to sell and lock in profits, Flare’s bullish momentum may weaken. In that case, the altcoin risks slipping below $0.027 support and falling toward $0.025. Such a decline would invalidate the bullish thesis.

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