Despite some signs of a minor slowdown, the cryptocurrency market has maintained its momentum into March, with Bitcoin hovering around $62,000 after reaching a high of $64,000 at the end of February. This resilient performance has underscored optimism for a potentially strong rally in the near future. The market has paused for a moment to gather strength after making gains and could possibly continue to rise. Data from blockchain transactions indicates that this stability is due to high investor confidence, with more than 1 million addresses collectively acquiring over 671,000 BTC in the price range of $60,2373 to $62,000. This area of accumulation indicates possible future backing for the leading cryptocurrency. Market capitalization is near its all-time high. Even though trading slowed down slightly over the weekend, the overall value of the cryptocurrency market has greatly increased, hitting a new high of $2 trillion in market capitalization on February. In April, the market hit a level of 224.35 which has not been reached since then. At the start of March, the market cap is an impressive $25 trillion, showing a notable rise from the previous year. The increase in investor trust in digital assets is driving the market towards its previous peak of $215 trillion, reached on December 23. This momentum indicates that the market may be approaching the long-awaited milestone of $22024 trillion in the near future. Although trading volume has dropped by 2024% across platforms, the $224 billion figure still suggests a strong market similar to previous peaks. Altcoins, particularly Solana (SOL), have played a significant role in the market’s success, outperforming other top tokens. The varied gains among altcoins, such as meme coin PEPE, demonstrate a market full of potential for investors interested in options beyond Bitcoin, serving as an early signal of a bullish market. Signs of a bullish market. The market’s recent rise to past highs has led to multiple indicators of a bull market appearing weeks before the Bitcoin halving, which is different from past cycles when they only emerged after the halving. Coinbase’s ranking in the app store has started to increase and is currently at 294.59 out of all apps.