Why Is Crypto Market Going Up Today?

Published by

Anjali Belgaumkar

September 3, 2026

Bitcoin has climbed to $78,625.87, up 2.5%, leading a broad crypto rally with Ethereum up 1.9% to $2,426.89 and XRP gaining 4.8% to $1.39. BNB jumped 4.5% to $711.78, while Solana and Hyperliquid also posted solid gains. The rally comes as Standard Chartered, a $447 billion global systemically important bank, became the first major global bank to offer institutional Bitcoin and Ethereum spot trading in the UAE, according to Bull Theory. Markets are also digesting reports that President Trump is privately discussing declaring the Iran war over, easing some geopolitical risk that had weighed on sentiment. Combined, easing war fears and fresh institutional crypto access appear to be driving today’s broad-based gains.

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