The crypto market has seen a bullish momentum as the prominent cryptocurrencies have recorded positive price performances. As per the exclusive market statistics, the total crypto market capitalization has touched the $3.42T mark following a noteworthy 3.76% increase.
Similarly, the 24-hour crypto volume has jumped by 38.25% to reach the $130.24B mark. In addition to this, the crypto Fear & Greed index has also risen to 64 points, indicating greed among the community.
$BTC and $ETH Record 3.50% and 7.83% Increases Respectively
Bitcoin ($BTC) has witnessed a notable 3.50% increase to reach the $109,434 mark over the past 24 hours. Additionally, the flagship crypto asset’s market dominance is 63.6%. Apart from that, Ethereum ($ETH) stands at $2,687, signifying a 7.83% upsurge. In the meantime, the market dominance of Ethereum accounts for nearly 9.5%.
$F, $BTB, and $GROK Lead Daily Crypto Gainers
Simultaneously, top crypto gainers of the day include F ($F), BitBall ($BTB), and SORA GROK ($GROK). Specifically, $F has touched $0.0006543, denoting a substantial 4341.69 jump in its price. Subsequently, $BTB has seen a 780.52% price rise to reach the $0.0008848 spot. Following that, $GROK presents a 734.46% spike, touching the $0.1812 mark.
DeFi TVL Beholds 3.64% Jump While NFT Sales Volume Dips by 18.67%
In the same vein, the decentralized finance (DeFi) sector has jumped by 3.64% in its TVL which has reached $115.507B. The top DeFi project in terms of TVL is AAVE, accounting for $25.31B. Nevertheless, based on the 1-day TVL change, zkBoost is the leading DeFi project, presenting a 234619% jump in its TVL.
Contrarily, the non-fungible token (NFT) market has dipped by a huge 18.67% in sales volume that has touched $20,23,092. Thus, the top NFT collection “Guild of Guardians Heroes” has recorded a 6.36% dip in its sales volume at $3,823,206.
US Senate to Vote on GENIUS Stablecoin Act and UK Hires First Crypto Specialist
Complementing this positive swing in the crypto sector are several noteworthy developments. One of them takes into account the U.S. Senate’s plan to conduct a vote for GENIUS stablecoin Act this Wednesday.
Moreover, the UK Insolvency Service has, for the first time, appointed a crypto specialist amid the growing adoption of this sector. Furthermore, the spot Bitcoin ETF of BlackRock has surpassed the $70B mark, making history after continuous inflows for 31 days.
