Crypto market cap rises to $2.62 trillion as bitcoin rebounds to $76,580 after Fed and CLARITY Act failure
- —Market cap $2.62 trillion, +1.44% in 24 hours; BTC dominance 58.6%
- —ZEC rose 15.94% to $1,491, UNI gained 20.07% to $7.63, NEAR added 18.08%
- —$217.56 million was liquidated, of which $156.71 million were shorts
- —Trading volume fell 10.22% to $78.52 billion, open interest declined 1.65%
Why it matters: The rebound rests on short liquidations rather than spot demand: the key level is $77,000, and a failure there could mean a return to $74,900.
Source: Blockmedia