Activities at the crypto currency market closed trading activities on Wednesday on a positive note, gaining 3.54% to close at $2.656 trillion.
This indicates a $90.35 billion gain for crypto investors. The positive movement was largely driven by the continuous rally in the flagship crypto asset, bitcoin.
Bitcoin gained 2.43% on yesterday to close at a new record high of $65.799.09 while Ethereum also gained over 5.23% to close trade at $4,081.
XRP gained 4.67% to close at $1.14207.
This surge comes as the first Bitcoin futures-based exchange-traded fund (ETF) in the United States appeared to be on track to open after a strong launch on Tuesday.
The Bitcoin Strategy ETF, a new exchange-traded fund, linked to bitcoin futures rather than directly to the currency, rose nearly 5% on its first day of trading on Tuesday.