The crypto market continues to rise with a total capitalization exceeding $3.74 trillion, despite a decline in trading volumes. Major cryptocurrencies, such as Bitcoin and Ethereum, are showing positive changes.
Bitcoin and Ethereum Show Increase
Bitcoin ($BTC) is trading at $114,597.59, marking a 0.98% increase. Its market dominance stands at 60.9%. Ethereum ($ETH) has also risen by 2.53% to reach $3,669.69, with a market dominance of 11.8%.
Crypto Gainers of the Day
Among the top gaining cryptocurrencies today are Book of Meme 3.0 ($BOME), Wrapped COINBASE ($COIN), and SORA GROK ($GROK). $BOME increased by 321.71% to $0.0000000007927. $COIN is trading at $0.0004061 with a 491.93% increase, while $GROK jumped by 469.06% to $0.01857.
DeFi Changes and NFT Sales Volume Drop
The DeFi TVL has increased by 1.15% to $138.078B. The notable project AAVE grew by 1.87% to reach $34.886B. Meanwhile, NFT sales volume has dropped by 11.93% to $18,839,686. The top-selling NFT collection, Courtyard, has also decreased by 8.01% to $2,284,783.
Overall, the crypto market shows growth in altcoins and stability in major cryptocurrencies. However, the decline in trading and NFT sales volume raises questions about future trends.
