
Trading volume also increased by about $5.5 billion to roughly $102.6 billion at press time. The total cryptocurrency market cap saw notable gains, driven by Bitcoin’s (BTC) 2.35% rise to approximately $71,253 by the time of this publication.
Crypto market cap gains on reduced capitulation fear
The crypto industry’s increase in value today coincided with ongoing relief from fears of further capitulation. As of Wednesday, the Fear and Greed Index was at 36/100, indicating traders’ fear of a further selloff, according to metrics from CoinMarketCap.

However, the index has surged from 11/100 on February 24, 2026, a period of extreme fear, suggesting growing confidence in a bullish reversal.