The global cryptocurrency market cap has reached $2.51 trillion, with Ethereum (ETH) being a top performer, surging over 10% in the past 24 hours and breaking above $2,850 for a new three-month high. The overall trading volume in the market has increased by 34.32% to $192.71 billion, with decentralized finance (DeFi) contributing $9.91 billion. Ethereum's market cap has risen by 13.37% to $343.12 billion, and its trading volume has surged to $39.89 billion. Increased interest in DeFi has also contributed to Ethereum's rally, with specific sectors experiencing significant gains. The rise in Ethereum's price is supported by interest in Ethereum spot ETFs, with a net inflow of $52.29 million. Whale activity has increased as well, with major ETH holders selling millions of dollars worth of Ethereum. Technical indicators suggest a strong uptrend, with resistance near $2,900 and potential for a push towards the $3,000 mark.



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