Crypto Market Jumps As Top Cryptocurrencies Show Significant Gains

The crypto landscape is currently experiencing a notably bullish momentum. In line with the exclusive market data, the total crypto market capitalization accounts for $3.45T, indicating a 0.81% rise over past 24 hours. Additionally, the 24-hour crypto volume has seen a 9.36% upsurge to reach the $142.74B mark. Along with that, the crypto Fear & Greed index stands at 65 points, presenting noteworthy “greed.”

Bitcoin Slumps by 0.01% While Ethereum Records 3.72% Surge

Bitcoin ($BTC), the flagship crypto asset, has witnessed a negligible dip of 0.01% to reach the $109,506 mark. Apart from that, its market dominance has touched 63.1%. However, indicating a significant contrast, Ethereum ($ETH) has seen a price jump of 3.72% to touch $2,789.64. At the same time, Ethereum’s market dominance is nearly 9.8%.

$AURA, $FTW, and $GROK Lead Daily Crypto Gainers

Concurrently, the daily crypto gainers include Aura ($AURA), Black Agnus ($FTW), and SORA GROK ($GROK) in the top positions. Specifically, $AURA has surged by 2813.98% to touch the price level of up to $0.03046. After that, $FTW has gone through a massive 2561.68% increase to touch $0.00000007914 in terms of price. Subsequently, the $SORA presents a 444.26% price rise at $1.00.

DeFi TVL Jumps by 2.56% and NFT Sales Volume Goes Experiences 23.90% Increase

Simultaneously, the DeFi landscape has recorded a 2.56% jump in its total value locked (TVL) which has reached $118.753B. In this respect, AAVE maintains its top position among the DeFi protocols, with its TVL reaching $26.31B. Nonetheless, in the case of one-day TVL change, Credix enjoys the top spot as it has witnessed a staggering 1681697% rise in TVL over twenty-four hours.

In addition to this, the non-fungible token (NFT) sales volume has also reached $25,365,662 after a 23.90% increase. The top NFT collection in this respect is Guild of Guardians Heroes, with its sales escalating by 29.79% to reach $4,979,634.

Trump-Backed Firm Buys $BTC, Binance Halts $XRP Withdrawals

Behind the continuous crypto growth, several notable developments are gradually unfolding day by day. Hence, American Bitcoin (a $BTC mining firm backed by Donald Trump Jr. and Eric Trump) has purchased millions worth of Bitcoin, raising its reserve amount to 215 $BTC, approximately $23.57M.

Moreover, to strengthen the regulatory sphere, Louisiana policymakers have established a subcommittee to delve into crypto, blockchain, and AI technologies. Furthermore, the prominent crypto exchange Binance has announced a provisional suspension on withdrawals of $XRP, leading to a price decline and enormous community reactions.