Crypto market cap surges 22% adding $474 billion in one week, largest gain since February 2021 amid bear market conditions.

Bitcoin +22%, ETH +29%, SOL +25% and HYPE +40% as crypto market capitalization jumps $500 billion in seven days after months of pressure.

According to The Kobeissi Letter, they initiated short positions on the S&P 500 at 5780, anticipating a lower high, resulting in an 80-point gain within 5 hours. This trade increased their total March gains to over 500 points. Source: The Kobeissi Letter.