The total crypto market capitalization has climbed back above $3.69 trillion, gaining over $60 billion in 24 hours after bouncing off the $3.59 trillion support level. All of the largest digital assets were in the green, signaling a return of investor optimism.

Bitcoin rose nearly 3%, continuing its recovery after earlier October declines. A close above $110,000 opens the path toward $114,900 and $117,600, while the RSI is forming a bullish divergence, suggesting weakening selling pressure.

Among altcoins, Synthetix (SNX) stood out with a nearly 16% rise in 24 hours. The token broke out from a flag pattern, a potential sign of further upside. Its next target is $2.59, with support around $1.30.

Binance said it blocked over 600 accounts for using bots to exploit its Alpha program and launched a reward feature for whistle-blowers. Analysts believe that if the recovery continues, the market may test $3.76 trillion, potentially marking a new bullish phase.