CoinEx Daily: Bitcoin Rebounds Above $111K as Crypto Market Cap Nears $3.9 Trillion

Daily View

The crypto market showed a rebound today, with Bitcoin holding steady above $111,000, and the overall crypto market capitalization rising back to around $3.9 trillion. On the macro level, the U.S. Department of Commerce announced plans to gradually release economic statistics via blockchain, while Japan's Metaplanet plans to issue new shares to raise $881 million to increase its Bitcoin holdings, promoting an institutional narrative.