The Block said total crypto market capitalization rose to nearly $2.82 trillion on September 3, its highest level since the mid-January drawdown. Gains were broad across BTC, ETH, ZEC, ADA, DOGE, and XRP, alongside crypto-linked equities like MSTR (+15%), CRCL (+15%), and COIN (+10%).
Matters because: A rally this broad suggests risk appetite is returning across crypto and related equities, but the unresolved Fed decision could still drive volatility.