Crypto Market Edges Higher as Bitcoin Surges Past $115 K

The global cryptocurrency market cap climbed to approximately $3.9 trillion as Bitcoin surged above $115,000, while Ethereum traded near $4,200. Market watchers attribute the move to easing U.S.–China trade tensions and reduced leveraged sell-offs in recent sessions. On-chain data reveal that whales are accumulating and short positions are being covered. Still, analysts caution that broad inflows remain muted and the rally could stall without fresh catalysts like ETF approvals or clearer regulatory signals.