Following the consistent downtrend, the crypto market has once again witnessed significant growth over the past 24 hours. Hence, the total crypto market capitalization has increased by 5.18%, hitting the $2.36T mark. In addition to this, the 24-hour crypto volume has also gone through a 35.62% rise, reaching $125.4B. However, the Crypto Fear & Greed Index is still down at 14 points, indicating “Extreme Fear” among the investors.
Bitcoin ($BTC) Jumps by 5.46%, and Ethereum ($ETH) Sees 9.47% Increase
Particularly, the flagship crypto asset, Bitcoin ($BTC), is now changing hands at $68,374.59, highlighting a 5.46% price rise. Additionally, the market dominance of $BTC accounts for 58.0%. Along with that, the leading altcoin, Ethereum ($ETH), is currently trading at $2,063.98, signifying a 9.47% surge. In the meantime, the m its market dominance sits at 10.6%.
$BPX, $TRUMP, and $MUBARAK Dominate Crypto Gainers of Day
Apart from that, the leading crypto gainers of the day include Black Phoenix ($BPX), PEPE ($TRUMP), and Mubarak ($MUBARAK). Specifically, $BPX has jumped by a staggering 4556.63%, touching the $0.1826 mark. Following that, a 1484.08% increase has placed $TRUMP’s price at $0.0001786. Subsequently, $MUBARAK displays a 942.43% while hovering around $0.01181.
DeFi TVL Records 5.31% Rise While NFT Sales Volume Dips by 19.45%
Simultaneously, the DeFi TVL has recorded a 5.31% growth, attaining the $96.123B. In addition to this, the leading DeFi project in terms of TVL, Aave, is up by 3.97%, touching the $27.405B spot. However, when it comes to 1-day TVL change, Pell Network enjoys the leading position in the DeFi sector, claiming a 943% spike over the past twenty-four hours.
Contrarily, the NFT sales volume has dropped by 19.45% to reach $6,419,834. Even then, the top-selling NFT collection, Flying Tulip PUT, has spiked by 10.51%, touching $1,903,495.
Ripple Backs $5M Agentic Economy Round, Indiana Bitcoin Bill Advances
Concurrently, the crypto landscape has also experienced many other key developments across the globe over 24 hours. In this respect, Ripple has joined a $5M seed funding round for the San Francisco-based venture capital firm t54 Labs to drive automated agentic economy.
Moreover, Hong Kong plans to amend its crypto tax policy to attract a wide range of crypto-friendly family offices. Furthermore, the Bitcoin rights policy of Indiana, HB 1042, has gained bicameral authorization on Wednesday.
