CryptoMedium•4 November 2026•
1 min read
Crypto Market Cap Rebounds to $2.63T as Election Uncertainty Clears
Key Facts
1The crypto market cap rose nearly 4% from its low of $2.54T to $2.63T during intraday trading.
The cryptocurrency market capitalization rose nearly 4% from its intraday low of $2.54 trillion to reach $2.63 trillion. ActionForex reported a sharp reversal as the market climbed 2.3% above previous day levels, reacting to the clearing of uncertainty surrounding the US elections.
This recovery aligns with increased network activity, as Santiment data showed active addresses on the XRP Ledger grew by 132% over the past month. Additionally, CryptoQuant data indicates that Ethereum reserves on exchanges have dropped to their lowest levels since 2016, while the total market capitalization of stablecoins fell to $263 billion, marking a one-year low.