Crypto Market Bounces Back Amid Rising Investor Enthusiasm
The crypto sector is experiencing a considerable positive shift, as the latest 24-hour market data suggests. Thus, the cumulative crypto market capitalization has reached $3.16T after a 3.04% increase. In addition to this, the 24-hour crypto volume has jumped by 22.20% to reach $147.31B. At the same time, the Crypto Fear & Greed Index stands at 30 points, showing slight “Fear” in the market.
Bitcoin Surges by 2.32% and Ethereum Sees 1.27% Increase
Specifically, the leading cryptocurrency, Bitcoin ($BTC), is changing hands at $92,354.63. This denotes a 2.32% increase over 24 hours, while its market dominance is 58.5%. Additionally, the flagship altcoin, Ethereum ($ETH), is trading at $3,224.16, displaying a 1.27% surge. In the meantime, $ETH’s market dominance sits at 12.7%.
$TOSHE, $CAT, and $BEER Lead Crypto Gainers of Day
Apart from that, the top crypto gainers of the day include Toshe ($TOSHE), NOT ($CAT), and Beers ($BEER). Particularly, $TOSHE has surged by a staggering 777.32%, reaching $0.000000004295. Subsequently, $CAT’s 517.39% increase has placed its price at $0.1214. Following that, after a 513.38% jump, $BEER hovers around $0.002657.
DeFi TVL Jumps by 0.75% and NFT Sales Volume Records 30.33% Spike
Simultaneously, the DeFi TVL has spiked by 0.75%, claiming the $124.296B mark. Additionally, the top DeFi project in terms of TVL has climbed to the $33.825B spot. Nonetheless, when it comes to 1-day TVL shift, Credible Finance is the top DeFi project, accounting for a 90010% increase over the past twenty-four hours.
Along with that, the NFT sales volume has seen a 30.33% upsurge, attaining the $12,121,328 figure. Additionally, the top-selling NFT collection, $ORDI+ BRC-20 NFTs, has surged to $741,323.
Binance Adds $USD1 Trading Pairs and YouTube Allows $PYUSD Payouts for Creators in US
Moving on, the crypto market has also gone through several other developments around the world. In this respect, Binance has added exclusive trading pairs that include $USD1, the Trump family stablecoin.
Moreover, Hong Kong has proposed the sharing of crypto taxation data in line with the CARF and CRS frameworks by 2028. Furthermore, YouTube is enabling payouts in $PYUSD stablecoin for creators in the U.S.
You May Also Like
Mono Protocol Raises $2M in Private Round and Opens Whitelist: Here’s How Its Unified Balances and Universal Accounts Will Reshape Web3
Tokenization benefits ‘light at first,’ but will expand if democratized: NYDIG
Regulations must evolve for tokenized real-world assets to be better integrat
