The crypto market shows significant growth, particularly among altcoins, connected with high investor confidence.
Overall Situation in the Crypto Market
The total crypto market capitalization has reached $3.75 trillion, rising by 0.83% over the last 24 hours. Trading volume stood at $137.19 billion, marking a 26.90% increase compared to previous days. The Crypto Fear & Greed Index currently stands at 55 points, nearing the 'Greed' phase.
Bitcoin and Ethereum Dynamics
Bitcoin ($BTC) is trading at $114,420.02, indicating a 0.12% price increase and a market dominance of 60.8%. Meanwhile, Ethereum ($ETH) shows a better growth rate of 3.69%, trading at $3,662.89 with a dominance of 11.8%.
Crypto Leaders and Trends in DeFi and NFT
Among the top crypto gainers of the day are Snow Leopard ($SNL) with a 1984.89% increase, Turbo Trump ($TURBO) at 680.63% growth, and Robinhood ($HOOD) with a 586.94% rise. DeFi TVL volume increased by 3.26%, reaching $137.541 billion. Additionally, NFT sales volume jumped by 16.38%, totaling $18,486,190.
The cryptocurrency market continues to attract attention with the rise of altcoins and increasing investor interest, signaling a potential new wave of investment activity.
