Crypto Greed Surges As Bitcoin Leads Market Rally

Crypto market has been making substantial growth amid the overall bullish trajectory across Bitcoin ($BTC) and altcoins. Specifically, the cumulative crypto market capitalization has attained $3.78T after witnessing a 3.03% increase over the past twenty-four hours.

In addition to this, the 24-hour volume of the crypto sector has jumped by 24.58% to reach the $145.96B mark. Concurrently, the crypto Fear & Greed index has reached the significant “Greed” zone, accounting for 70 points.

Bitcoin Sets $121,405 as New ATH While Ethereum Sees 3.31% Surge

Bitcoin ($BTC) is leading the pack as it has recently set $121,405 as its latest all-time high (ATH). At present, it is changing hands at $121,308.82, showing a 2.86% increase over 24 hours. Additionally, its market dominance is up to 63.6%. Similarly, Ethereum ($ETH) is now trading at $3.054.12, indicating a 3.31% upsurge. Along with that, Ethereum’s market dominance is 9.7%.

$BPX, $SNL, and $LVN Lead Crypto Gainers

Simultaneously, Black Phoenix ($BPX), Snow Leopard ($SNL), and Levana Protocol ($LVN) are the currently dominant crypto gainers. In this respect, $BPX has recorded a stunning 3950.89% increase to reach $3.81B in terms of price. Subsequently, $SNL has touched $4.57M, displaying a 3548.32% rise. Following that, $LVN denotes a 1966.70% upsurge, touching $0.1506.

DeFi TVL Jumps by 1.57% and NFT Sales Volume Witnesses 89.73% Growth

Apart from that, the DeFi TVL has jumped by 1.57% to attain the $127.88B mark. Additionally, AAVE, the top DeFi protocol based on TVL, has surged by 1.74% to reach $29.323B. However, when it comes to 1-day TVL growth, DegenSwap stands atop other DeFi projects, accounting for 165781% upsurge over twenty-four hours.

Analogously, the NFT market has also seen an 89.73% growth in sales volume, reaching $31,518,626. Particularly, Uncategorized Ordinals have emerged as the top-selling NFT collection, showing 37157.21% spike in sales to touch $8,285,367.

The overall surging crypto growth has triggered several other notable developments across the globe. Specifically, amid Bitcoin’s rise to its new ATH, Metaplanet has purchased 797 more $BTC, raising its holdings to 16,352 $BTC.

Just like that, Ethereum’s massive growth has also pushed SharpLink Gaming to buy 16,374 ETH (approximately $48.85M), increasing total holdings to 270,000 $ETH. Moreover, Hong Kong is planning to unveil limited licenses for stablecoins in the starting phase to guarantee compliance.