The global crypto industry is going through a noteworthy uptrend. Hence, the total crypto market capitalization has jumped by 0.89%, reaching $3.15T. In addition to this, the 24-hour crypto volume has experienced a 30.84% rise, hitting the $93.53B mark. At the same time, the Crypto Fear & Greed Index is standing at 42 points, presenting a “Neutral’ outlook.
Bitcoin Surges by 1.06% and Ethereum Sees 0.07% Increase
Specifically, the top crypto asset, Bitcoin ($BTC), is now hovering around $92,390.64. This price level points out a 1.06% increase over the past 24 hours. Additionally, the market dominance of Bitcoin ($BTC) currently accounts for 58.7%. Along with that, the leading altcoin, Ethereum ($ETH), is now changing hands at $3,150.57, highlighting a slight 0.07% surge. In the meantime, the market dominance of $ETH is 12.1%.
$BPX, $CPM, and $TSLA Dominate Daily Crypto Gainers
Simultaneously, the list of today’s top crypto gainers includes Black Phoenix ($BPX), Crypto Pump Meme ($CPM), and Tesla ($TSLA). In particular, $BPX has jumped by a staggering 4183.80%, touching $0.2654 in price. Subsequently, a 908.94% price rise has pushed $CPM to $0.0001992. Following that, after a 519.50% spike, $TSLA has hit $0.3308.
DeFi TVL Jumps by 1.45% and NFT Sales Volume Records 50.75% Spike
Apart from that, the DeFi TVL has also surged by 1.45%, reaching the $125.697B mark. Additionally, the top DeFi project in terms of TVL, Aave, has witnessed a 1.02% increase to reach $35.314B. However, when it comes to 1-day TVL change, zkBoost claims the top position within the DeFi landscape, displaying a 136412% hike over the past twenty-four hours.
Similarly, the NFT sales volume has recorded a 50.75% jump, attaining the $9.759,006 spot. In the same vein, the top-selling NFT collection, $X@AI BRC-20 NFTs, has hit $1,370,543.
Trump Threatens to Intervene in Mexico and Colombia after Venezuela, Bitwise Submits Filng for 11 Crypto ETFs
Concurrently, the crypto market has also seen many other developments around the world. In this respect, the U.S. President Donald Trump has threatened to start a military operation in Mexico and Colombia after intervening in Venezuela, rising uncertainty that could severely impact the crypto market.
Moreover, Bitwise has filed for 11 exclusive crypto ETFs with the U.S. SEC. Furthermore, whales have moved a stunning $2.4B in $ETH and $BTC to Binance amid stalled demand for stablecoins.
Source: https://blockchainreporter.net/crypto-market-displays-bullish-momentum-amid-gradual-gains/