Currently, the crypto market shows significant growth, with altcoins taking control. The total capitalization has reached $3.87 trillion alongside notable trading volumes.
Crypto Market and Its Capitalization
The total cryptocurrency market capitalization has increased by 3.10% to reach $3.87 trillion. The 24-hour trading volume has amounted to $173 billion, indicating a 35.85% increase. The Crypto Fear & Greed Index has spiked to 59 points, nearing the ‘Greed’ zone.
Bitcoin and Ethereum Growth
Bitcoin ($BTC) has experienced a 2.03% rise over the past 24 hours, raising its price to $116,698.88 and maintaining a market dominance of 60.2%. Ethereum ($ETH) has jumped by 6.55%, reaching a price of $3,908.41 with a market share of 12.1%.
Leaders in Growth and Other Key Events
Among the day's crypto gainers, Black Phoenix ($BPX) has seen an increase of 4647.46%, Snowy Owl ($SWOL) has risen by 3731.17%, and Fake PUMP FUN ($PUMP) has experienced a 532.95% surge. Additionally, the DeFi TVL has increased by 4.63%, reaching $145.021 billion, and the NFT sales volume has grown by 31.42%, achieving $23,602,906. Furthermore, the National Bank of Ukraine has proposed the legalization of cryptocurrency, while the Winklevoss twins have supported a U.S. Bitcoin mining operation associated with Donald Trump.
The crypto market exhibits significant changes, with key assets rising and new proposals for legalization. This highlights the activity and dynamism of a sector that continues to capture investor interest.
