Ethereum surged nearly 20% to $2,312, adding $47 billion in market cap in two days as shrinking exchange supply and institutional accumulation

The total crypto market cap surged $113 billion as Bitcoin and Ethereum rallied, pushing valuations toward $2.3 trillion amid a fragile 2026

Every major except tron posted double-digit weekly gains, with nearly $1.4 billion of short positions wiped out after the Treasury doubled its bond buybacks.