Whyis the market moving up ?

The crypto market is up 2.12% to $2.41T in 24h, primarily driven by a regulatory boost to institutional access.
1. Primary reason could be due to the NYSE lifted position limits on Bitcoin and Ether ETF options, enhancing institutional trading strategies and signaling regulatory maturity.
2. Positive spillover from recent SEC/CFTC digital commodity classifications and a technical bounce from oversold conditions.