Crypto Today: Cardano, XLM, FLOKI lead $3.1 trillion rally, Russia bans crypto mining, Bitcoin eyes $95K

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Crypto Today: Cardano, XLM, FLOKI lead $3.1 trillion rally, Russia bans crypto mining, Bitcoin eyes $95K
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Cardano (ADA) price action ADA’s ongoing rally has been attributed to rumors that the Trump administration could collaborate with the Cardano network to build a blockchain voting system.

The global cryptocurrency market capitalization grew 3% on Wednesday, crossing the $3.1 trillion mark. The cryptocurrency sector valuation has now hit a new all-time high in three consecutive days, signaling strengthening bullish momentum. In the crypto ETF markets, Bitcoin ETFs pulled in $834.6 million while Ethereum ETFs faltered with 81 million outflows on November 19.

token, a newly launched memecoin hit $500 million market cap, after recording a staggering 20,000% growth in five days as a viral TikTok trend fuelled its popularity. Having secured its first exchange listing with Crypto.com, looks set for busier market activity in the days ahead.

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