Crypto Market Signals Notable Recovery With Significant Gains Across Top Assets

The crypto sector is undergoing a considerably positive shift. Hence, the total crypto market capitalization has touched the $3.07T mark after a 2.17% rise over the past 24 hours. In addition to this, the 24-hour crypto volume has also jumped by 81.71%, hitting $117.08B. At the same time, the Crypto Fear & Greed Index has also moved upward to 38 points, while still showing slight “Fear.”

Bitcoin Jumps by 1.55%, and Ethereum Sees 3.25% Rise

Particularly, the top cryptocurrency, Bitcoin ($BTC), is trading at $80,038.73. This price suggests a 1.55% growth. Additionally, the market dominance of the leading crypto asset is 58.5%. Along with that, Ethereum ($ETH), the flagship altcoin, is now changing hands at $3,110.89. This displays a 3.25% surge. In the meantime, $ETH’s market dominance sits at 12.2%.

$CPM, $PUPPIES, and $BEER Lead Today’s Top Crypto Gainers

Apart from that, Crypto Pump Meme ($CPM), I love puppies ($PUPPIES), and Beers ($BEER) claim the top positions among the leading crypto gainers of the day. Specifically, $CPM has seen a massive 3413.08% jump, reaching $0.0006467. Subsequently, a 1085.21% increase has placed $PUPPIES’ price at $0.0000000005059. Following that, $BEER’s price has touched $0.0004837 after an 835.49% rise.

DeFi TVL Surges by 3.26% and NFT Sales Volume Records 17.40% Spike

Simultaneously, the DeFi TVL has also recorded a 3.26% spike, attaining the $124,186B mark. Additionally, the top DeFi project in the case of TVL, Aave, has jumped by 2.18% to reach $34.426B. However, when it comes to 1-day TVL change, Aladdin DAO is the top DeFi project, claiming a stunning 16083% increase over the past twenty-four hours.

In the same vein, the NFT sales volume has also experienced a 17.40% increase, touching the $10,231,741 spot. Concurrently, the top-selling NFT collection, gUSDC Locked Deposit, has jumped to $1,407,000, accounting for a 789.81% surge.

China Releases Stablecoin Plan for Digital Yuan, Iran Embraces Crypto Payments for Exclusive Weapon Exports

Moving on, the crypto market has also witnessed several other key developments around the world over 24 hours. In this respect, China’s central bank has released the stablecoin strategy for the rollout of digital yuan.

Moreover, Iran has officially started accepting payments in crypto for its weapon exports. Furthermore, Grayscale has submitted a filing for the earliest U.S. Spot Bittensor exchange-traded fund (ETF) under the Securities and Exchange Commission (SEC).