Why Crypto Market Is Up: Did Meme Coins Lead The Breakout—Check Now

Why Crypto Market Is Up Today: Meme Coins Rally, and Fear Index Improves.

The digital coin world is heating up again. Something is happening that’s getting everyone to talk. Investors are buying, charts are going up, and internet buzz is loud. Today's cryptocurrency value is around $2.86T, reflecting an increase of around 2.83% from the past 24 hours. So if you’re asking why crypto market is up today, this simple article is for you.

$BTC Takes the Spotlight Again

The biggest coin, Bitcoin, is back in action. It’s now priced at $87,194.07, which is a daily jump of 3.41%. That’s big for a coin this size. The market cap of Bitcoin is about $1.73 trillion right now.

The trading for Bitcoin also exploded. In just one day, its trading colume nears  $21.35 billion resulting in  an increase of 145.84%. According to TradingView we can say this could be because some big holders are buying more, fast. And when that happens, others join in. This is a big reason why crypto market is up today.

Why Are Memecoins Surging Like Crazy?

Let’s talk about funny coins that sometimes do serious things. One of them is $TRUMP. Yes, a coin named after the former U.S. President. And guess what? He himself posted about it on twitter account. He said, “I LOVE $TRUMP – SO COOL!!!” and that was enough to send the coin flying.

Recently the $TRUMP token is priced at $11.93, with a total value of $2.37 billion. In just one day, its trading volume jumped by 365.98%, now at $1.41 billion. That’s how strong internet talk can be. People are now watching it closely.

Coingabbar Analysts say it might go higher if investors keep showing interest. That’s another reason why crypto market is up today. Even funny coins can make big moves when the internet joins in.

TopGoal Token Price Surge Shocks Everyone

Let’s talk about $GOAL, a coin that most people didn’t even know about yesterday. Today, it rose by 405.45%. Yes, over four times in just 24 hours! It’s now sitting at $0.01625, with a volume of $7.32 million.

Traders on Binance and other places are surprised. This sudden jump made many people notice it for the first time. It’s proof that in this space, even small names can suddenly shine.

Chainlink Price Rises with Volume Boost

Chainlink, another well-known coin, is also climbing. Its price is around $15.26, and it went up by 6.69% in just one day. The total value is over $10 billion. Daily trade touched $335.99 million, a 64.52% rise.

Some think it’s because more people are using Chainlink in smart contracts and other real use cases. It’s a quiet but strong move.

Mubarak Crypto Price Gains Momentum

MUBARAK, a smaller coin, also made headlines. It jumped by 10.85%, now priced at $0.1453. Its daily trading hit $260.29 million, and its total value is $145.32 million. This token is quickly becoming one to watch.

This kind of movement in a single day shows how fast things can change in this space and lead to the question: why crypto market is up. Even lesser-known coins are joining the ride.

Will Crypto Rise Again ? Signs Look Positive

The Fear & Greed Index, which shows how people feel about the market, is now at 45. It means people are still a bit scared — but not as much as before. Yesterday it was 30, and last week it was 32. A month ago, it was at 49, which means neutral.

So, what does this tell us? People are getting less worried. They’re slowly becoming more open to buying again.

Why Crypto Market Is Up Today: Final Words

So let’s keep it simple. The main reasons why crypto market is up today are:

• Big coins like Bitcoin are gaining strength
  

• Meme coins like $TRUMP are going viral
  

• Smaller names like $GOAL are exploding overnight
  

• People are feeling less scared
  

• Trading activity is getting higher
  

If this continues, more people will jump in. And if they do, this could be just the beginning.