The global cryptocurrency market has experienced a substantial increase in valuation over the past month, adding approximately $1 trillion in market capitalization. As of May 23, 2025, the total crypto market cap has surpassed $3.6 trillion, reaching levels not seen since February 1, 2025. Recent data indicates the market cap was around $3.48 trillion with a 1.3% increase in the previous 24 hours and a trading volume of $114 billion. Bitcoin continues to dominate the market with approximately 60% dominance and has recently exceeded a price of $110,000. Ethereum holds about 9% of the market share. The upward trend reflects renewed investor interest and market activity in the cryptocurrency sector.