Crypto market cap jumps $148B in 24 hours, with 70% of gains in the past hour

The total cryptocurrency market capitalization surged by $148 billion over the past 24 hours, with about 70% of that increase occurring in the past hour, Cointelegraph reported. According to CoinGecko, the total crypto market cap was around $2.87 trillion, up 5.7% from yesterday.