The crypto landscape is making waves with a resurgence in growth, as shown by the notable cryptocurrencies. Specifically, the cumulative crypto market cap has reached $3.4T after a 1.88% rise over the past 24 hours, while the 24-hour trading volume stands at $124.01B following a 3.84% dip. Complementing this, the crypto Fear & Greed Index stays at 69 points, showing substantial “greed” among investors.
Bitcoin Witnesses 2.19% Rise and Ethereum Experiences a 2.11% Spike
Amid the rising crypto rally, Bitcoin ($BTC) has made a notable price increase of 2.19% over 24 hours. With this, the top crypto asset’s price has touched $107,788.10. In addition to this, the market dominance of Bitcoin has reached 63% in total.
Simultaneously, the flagship altcoin Ethereum ($ETH) has also expressed a 2.11% rise that has elevated its price to $2,596.73. Additionally, Ethereum’s market dominance has touched 9.2% as the wider altcoin momentum grows.
$CATX, $MAGA, and $GROK Lead Crypto Gainers
CATX ($CATX), TRUMP MAGA ($MAGA), and SORA GROK ($GROK) are the top names among daily crypto gainers. In this respect, $CATX has witnessed a stunning 620.82% rise to reach $0.000002703 in terms of price. Subsequently, $MAGA has recorded a 526.87% increase to attain the $0.04502 mark. Following that, $GROK’s current price is $0.007791 following a 250.19% upsurge.
DeFi TVL Jumps by 1.21% While NFT Sales Volume Sees 156.61% Increase
The broader crypto market growth has also been reflected by the DeFi sector as the cumulative DeFi TVL has increased by 1.21% to touch $117.611B. In particular, AAVE has maintained its top status among top DeFi projects, with its TVL reaching $24.429B. However, when taking into account daily TVL surge, BluMove has obtained the 1st position after a 157117% jump.
In addition to this, the NFT ecosystem has also shown a massive 156.61% increase to touch the $37,135,150 mark in sales volume. The top NFT collection is XSY Deposit, as the sales volume has touched $22,170,756.
NYC Mayor Launches Crypto Council as Theta Capital Secures $175M in New Funding
While Bitcoin and other such crypto assets are making noteworthy gains, the broader crypto market is also seeing significant developments. Hence, Eric Adam (the New York Mayor) is planning to start Crypto Advisory Council, showing the increasing mainstream crypto interest. Moreover, Theta Capital has successfully raised $175M to support the early-stage blockchain projects.
