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Crypto Market Cap Jumps 2% — Bull Run Incoming?

The crypto market is showing renewed energy, with Bitcoin taking the spotlight once again. The world’s largest cryptocurrency has risen by 3.3%, now trading above $122,000 and inching closer to its all-time high.

Ethereum is also making waves, hitting its highest price since late 2021. For many investors, this rally is a sign that confidence is returning to the market after months of uncertainty. The overall crypto market cap is up around 2%, signaling broad growth across digital assets.

It’s not just Bitcoin and Ethereum seeing green. The NFT sector is also enjoying strong gains. Popular projects like Zora have jumped nearly 29%, while Pudgy Penguins have climbed close to 5%. This uptick suggests renewed interest in digital collectibles, which had cooled off over the past year.

Analysts point to several factors driving the rally — optimism about potential regulatory clarity, increasing institutional interest, and anticipation of new blockchain-based innovations. Many traders are also watching closely for signs that Bitcoin could break its previous record, a move that could fuel even more momentum across the market.

For everyday investors, these price jumps are exciting but also a reminder to stay cautious. The crypto market is famously volatile, and while current sentiment is bullish, sudden shifts can happen without warning.

Still, whether you’re a long-term holder or just curious about the space, this week’s surge shows that crypto is far from quiet — and the next big milestone may be just around the corner.

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