The total crypto market cap has surged around 4% from yesterday and is currently sitting at an amazing $3.57T. Bitcoin price surge is pushing up the whole market, trading at $105,923.96 reflecting an increase of 3.68% in 24h, and the ethereum rally is even bigger, up around 5% to $3,595.48.
Even altcoins like XRP, Solana, and Chainlink are seeing massive rallies between 7% to 15% surge. But the main question is after the massive volatility, why is crypto up today? It's a perfect mix of political stability and huge institutional hope. Let’s break it down.
1. US Shutdown Ends: Political uncertainty has been a major cloud over the industry. Late Sunday, the Senate successfully advanced a bill to end the 41-day government shutdown. This bipartisan vote, which saw eight Democrats join all 52 Republicans, means federal agencies are funded through January 2026. This move restores stability and confidence in the US economy, making it one of the biggest reasons why crypto market is going up today.

Source: Bull Theory X Account
2. XRP ETF Hype is Real: Five spot XRP ETF approval products—from major players like Franklin Templeton (XRPZ) and Bitwise have officially appeared on the DTCC list. This crucial step has also caused an XRP price rally over 10% in just 24 hours. It also opens the doors for massive new capital to flow into the marketplace.
3. Trump's Economic Forecast: President Donald Trump pointed out his previous prediction: up to $20 trillion in investments will enter the U.S. economy by the year's end, driven by tariffs. While critics challenge the reality of this figure, the promise of massive economic investment boosts market sentiment, further answering the question why is crypto up today.
Despite the major rally reasons, the fear and greed index is still stuck at 29 Fear. What exactly are people fearing? The short answer is: massive institutional selling.
The latest crypto market news shows a huge disconnect between the price movement and where big institutional money is going:
ETF Outflows: Digital asset investment products saw a second consecutive week of outflows totaling $1.17 billion, driven by volatility and uncertainty over a potential U.S. rate cut.
Historic Selling: From November 3 to November 7, spot Bitcoin ETFs saw a weekly net outflow of $1.22 billion, marking the third-largest on record. Spot Ethereum ETFs also saw a massive weekly net outflow of $508 million, also the third-largest in history.

Source: Wu Blockchain
This means while retail traders are piling on the asset’s price rally, big institutional players are selling their holdings.
Besides these two reasons, there’s also Rober Kiyosaki crash warning that is being in the spotlight today. A famous investor sees a "CRASH COMING." But he also states, "I am buying not selling." This tells us the fear is tied to global economic worries, not just cryptocurrency itself.
The future depends on two opposing forces: institutional fear versus retail greed. The current rally is built on political relief like us shutdown ending and XRP ETF approval excitement. However, the huge, historic ETF outflows are a warning sign. For cryptocurrency rally to maintain the momentum, institutional buyers must return and reverse that $1.22 billion outflow.
Disclaimer: This article is for educational purposes only. Do your own research before investing to reduce potential cryptocurrency risks.
Sara Sethiya is an experienced crypto journalist with five years of experience in blockchain research, price movements, and market analysis. With a background in mass communication and journalism, she specializes in data-driven news articles, in-depth market reports, and SEO-optimized content. As a team lead and content writer at CoinGabbar, she examines on-chain metrics, evaluates liquidity trends, and analyzes tokenomics to uncover market patterns. Her analytical approach helps traders and investors interpret market shifts, identify potential opportunities, and understand the broader impact of blockchain innovations on the financial ecosystem.