The global cryptocurrency market cap climbed by 2.39% to reach $2.94 trillion over the past day, according to CoinMarketCap data. Bitcoin (BTC) displayed a price range of $83,500 to $86,860 within the last 24 hours, currently trading at $86,161, up by 2.45%. Several major cryptocurrencies are posting gains today. AWE, MAV and ALICE have surged in value, up 45%, 28% and 28% respectively. The top stories of the day include discussions about the potential Fed rate cut, challenges stemming from upcoming economic reports, and a data breach alert from SitusAMC. Coinglass reveals that crypto market sentiment remains bearish despite recent gains, while OG Bitcoin holders are diversifying their assets as market concerns grow. A key analysis by Macroeconomist Lyn Alden suggests there is little chance of a ‘major capitulation’ in the cryptocurrency markets. Meanwhile, Hong Kong’s financial sector continues to flourish amidst global geopolitical shifts, and the Cardano Network experienced a temporary chain split due to a malformed transaction. Market movers show positive trends with ETH up 3.09%, BNB at +3.40%, XRP up by 6.93%, SOL at +2.78%, and DOGE showing a significant increase of 5.05%. The market is also seeing movement in WBTC (+2.45%) BCH (+3.13%), ADA (+3.50%).