Crypto Market Sees Continuous Upward Spree As Bitcoin Sets New ATH

The crypto landscape is going through a continuous upswing, with top crypto assets like Bitcoin ($BTC) reflecting it in their price. The total crypto market cap has reached the $3.5T mark, showing a 3.35% jump over the past twenty-four hours. Additionally, the 24-hour crypto volume has surged by 61.07% to touch $192.82B while the Fear & Greed Index stands at 73 points, indicating significant “greed.”

Bitcoin Makes History by Setting New ATH at $111,861.22 While Ethereum Sees a 2.20% Price Rise

Bitcoin ($BTC) has recently outcompeted its former all-time high price level of $109K, setting new ATH at $111,861.22. The current price of Bitcoin is $111,362.11, denoting a 26.37% increase over 24 hours, while its market dominance has reached 63.3%. Apart from that, Ethereum ($ETH) has also recorded a 2.20% spike to reach $2,622.34 in terms of price. Concurrently, its market dominance is nearly 9.1%.

$FTW, $ASM, and $B Dominate Daily Crypto Gainers

Among top crypto gainers of the day, Black Agnus ($FTW), AsMatch ($ASM), and BUILDon ($B) are prominent. Particularly, $FTW has seen a staggering 1622.60% rise, reaching $0.00000006523. Similarly, $ASM’s price has reached $2.22 after a 1381.92% increase. Subsequently, $B has gone through a 508.11% surge to attain the $0.2346 mark in terms of price.

DeFi TVL Jumps by 2.50%, Whereas NFT Sales Volume Plunges by 57.12%

Simultaneously, the DeFi sector is also experiencing optimism with a 2.50% increase in its TVL that has reached $119.856B. Specifically, AAVE remains the top DeFi project based on TVL as it accounts for $24.937B. However, in the case of 1-day TVL increase, Tangible is the top player, denoting a 55598% upsurge.

On the other hand, the NFT market has seen a huge 57.12% dip in sales volume that has reached $15,708,004. In this respect, Courtyard is the top NFT collection with its sales volume comprising $2,512,420 after a 10.03% rise.

Michigan Unveils Crypto Bills as Germany Misses $2.3B Selling 49K BTC

Amid the wider bullishness in the crypto market, several positive developments have taken place. In this respect, Michigan policymakers have proposed 4 exclusive crypto-related bills. At the same time, the German government has missed a profit opportunity of $2.3B by selling 49,858 $BTC at $57,900. Moreover, the El Salvadoran President Nayib Bukele has responded to naysayers amid Bitcoin’s latest price upswing.