Crypto Markets Climb to $2.72T as Big US Events Loom

The crypto market gained 1.1% on Monday, pushing total market capitalization to $2.72 trillion. Bitcoin traded steadily near the $78,000 mark. Meanwhile, Ethereum closed in on $2,550, and XRP tested support around $1.40.

Traders are now focusing on a busy schedule of macroeconomic and regulatory events. Washington will hold a key Senate procedural vote on crypto oversight, while the Federal Reserve prepares its latest interest rate decision. Across the globe, new Japanese inflation data and a Bank of Japan meeting will add to the global economic picture.

These upcoming events could bring high volatility to digital assets as investors look for clues about future monetary policy. Market participants should watch how prices react around key technical levels while waiting for official announcements from regulators and central bankers this week.