$The cryptocurrency market appears to be attracting renewed buying pressure leading to minor capital inflow that has once again pushed the overall capitalisation above $1 trillion. In particular, the influx has been led by a rally in leading assets such as Bitcoin (BTC) and Ethereum (ETH).
In particular, the total crypto market capitalisation as of July 28 stood at $1.052 trillion, gaining $70 billion or a surge of 7% in the last 24 hours, according to CoinMarketCap data retrieved by Finbold.
 Global crypto market cap chart. Source: CoinMarketCap
Notably, the market appears to be influenced by large cryptocurrencies that have surged significantly in the last 24 hours. For instance, Bitcoin is trading at $23,000 with gains of over 7% over the same period.
