Meme Coin Rises Up to 58%: Why Did the Crypto Market Surge Today (12/03/25)?

Jakarta, Pintu News – The cryptocurrency market has made another strong recovery in the past 24 hours after the total market capitalization value jumped by nearly $200 billion (Rp3.33 trillion). The rise came as risk sentiment improved after the Federal Reserve halted its liquidity tightening program. Bitcoin (BTC) led the rally with significant gains, followed by gains in altcoins such as Ethereum (ETH) and Sui (SUI) which recorded sharp jumps.

Crypto Market Capitalization Jumps by IDR3.3 Trillion

The total value of cryptocurrency market capitalization surged to $3.10 trillion, up about $200 billion in 24 hours. This sharp recovery was triggered by the US Federal Reserve’s decision to end quantitative tightening, which instantly increased risk appetite across the crypto market. This prompted massive capital inflows.

This increase in market capitalization puts the $3.16 trillion level as the next target to break in order to maintain the bullish momentum. On the other hand, the $3.09 trillion area is now a critical support that the market needs to defend to keep the bullish structure strong. If volatility increases again, the market risks dropping towards $3.05 trillion or even back to $2.93 trillion.

Read also: Pepe (PEPE) Price Jumped 14%, Can It Rise Up to 50%?

Bitcoin (BTC) Breaks Important Resistance

Bitcoin (BTC) price jumped from $86,400 (Rp1.44 billion) to $92,712 (Rp1.54 billion) in just 24 hours. This surge marks the first time BTC has breached the $91,521 area in the past two weeks, indicating a strong recovery after a considerable period of uncertainty. The improved market sentiment so far gives room for BTC to continue its uptrend.

If the current momentum continues, BTC could potentially test the $95,000 area, which is an important level to determine if a short-term rally can be confirmed. Currently, the market is monitoring whether Bitcoin is able to make the area a new support. However, if the buying pressure weakens, BTC could drop back below $91,521 and approach $89,800, which would invalidate the short-term bullish structure.

Read also: Has $1.44 Billion in Reserves, Strategy Says It Won’t Release Bitcoin until 2029!

Altcoins Join the Rebound, Sui (SUI) Leads the Way

Sui (SUI) was one of the best performing altcoins today after recording a 23% surge, trading at $1.65 (IDR27,664). SUI managed to hold above the key support of $1.60, signaling a return of buying pressure after a volatile week. The RSI indicator also showed improving momentum, hovering near the neutral zone of 50, which provides an opportunity for a bullish trend shift.

If this positive momentum holds, SUI could move towards $1.75 and even the $2.00 region. However, if traders start taking profits, SUI could drop back below $1.60 and test the $1.49 support. Missing that level will erase the bullish opportunity and take SUI towards the $1.31 area.

Conclusion

The crypto market’s sharp recovery in the past 24 hours is indicative of the return of investor confidence after the US monetary policy provided a breath of fresh air. Bitcoin, Ethereum, and Sui are leading the rally, but volatility remains a major factor to watch. If critical resistance levels can be broken, a broader rally could potentially continue in the next few days.

FAQ

What caused the crypto market capitalization to rise by IDR3.3 trillion?

The rise was mainly triggered by the Federal Reserve’s decision to stop quantitative tightening, which improved risk sentiment.

Why is Bitcoin (BTC) price soaring sharply today?

BTC rose after breaking the important resistance at $91,521 and got a boost from the increased capital flow into crypto assets.

Why is Sui (SUI) the best performing altcoin today?

SUI gained 23% as it held above key support and momentum indicators showed strong recovery signals.

Can the current crypto rally continue?

The rally could continue if the market capitalization is able to break the $3.16 trillion resistance and BTC keeps the momentum above $91,521.

What are the main risks that could invalidate the bullish trend?

Increased market volatility could push TOTAL down below $3.05 trillion and send BTC back to $89,800.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• BeInCrypto. Why Is The Crypto Market Up Today? Accessed December 3, 2025
• Featured Image: Generated by AI