The crypto sector is witnessing a massive recovery after the tariff-led downturn. In this respect, the total crypto market capitalization has gone through a notable 4.31% jump, reaching $3.89T. In addition to this, the 24-hour crypto volume has also touched the $262.37B mark after a 10.34% increase. At the same time, the Crypto Fear & Greed Index has again entered the “Neutral” zone, standing at 40 points.
Bitcoin Sees 2.57% Surge and Ethereum Jumps by 8.31%
Particularly, the flagship crypto asset, Bitcoin ($BTC), has seen a 2.57% spike, reaching the price level of $114,668.89. Additionally, its market dominance accounts for 58.8%. In the same vein, Ethereum ($ETH) has surged by 8.31%, claiming the $4,127.30 spot in terms of price. Along with that, its market dominance is nearly 12.8%.
$AXOME, $PEOPLE, and $MAGA Lead Daily Crypto Gainers
Apart from that, the prominent crypto gainers of the day include Axolotl Token ($AXOME), MAGA ($PEOPLE), and TRUMP MAGA ($MAGA). Specifically, $AXOME has witnessed a staggering 4933.29% rise, reaching $0.001459. Subsequently, with a 570.80% increase, $PEOPLE is changing hands at $0.0002708. Following that, a 404.33% increase has pushed $MAGA’s price to $0.6079.
DeFi TVL Spikes by 6.65% and NFT Sales Volume Records 51.87% Growth
Simultaneously, the DeFi TVL has recorded a 6.65% jump, attaining the $157.087B spot. Additionally, the top DeFi project in terms of TVL, Aave, has seen a 4.90% increase, reaching $41.337B. However, when it comes to 1-day TVL change, Vector Finance leads the market with a 1126% growth over twenty-four hours.
Similarly, the NFT sales volume has grown by 51.87%, claiming the $31,156,364 figure. In the same vein, the top-selling NFT collection, Pudgy Pengins, now hovers around $5,609,526, accounting for a 43.87% increase.
CZ Responds to Hyperliquid Founder, Marathon Buys 400 BTC During Market Crash
Moving on, the crypto sector has also experienced many noteworthy developments over 24 hours. In this respect, the Binance Founder Changpeng Zhao has indirectly addressed Hyperliquid Founder Jeff Yan’s accusation of underreporting consumer liquidations amid crypto crash, saying they spend numerous millions from their personal funds to protect clients.
Moreover, Bitcoin ($BTC) mining giant Marathon has acquired 400 $BTC following the price collapse. Furthermore, a Hyperliquid trader has made a staggering $192M in profit by shorting during recent crypto crash.
