The total market value of cryptocurrencies has returned to 2.8 trillion USD, once approaching 2.9 trillion USD

The total market capitalization of cryptocurrencies has returned to $2.8 trillion, briefly approaching $2.9 trillion. Bitcoin rose 5% to $81,914, the highest level since September 4, after briefly falling below $75,000 on September 16. The Hyperliquid token HYPE surged to a historic high of $94.48, with a weekly increase of 18%, and its market capitalization surpassed $20 billion.

The Zcash token ZEC increased by 36% to a multi-year high of $1,590, with a market capitalization nearing $25 billion. NEAR rose from $2.33 on September 13 to $4.06, while AVAX increased by nearly 50% over the week; ETH and XRP rose 3% to $6. The total market capitalization of altcoins increased from $1.17 trillion at the beginning of the week to $1.23 trillion, before falling back to slightly below $1.2 trillion.