The crypto market demonstrates significant recovery with notable gains on key crypto assets. Bitcoin and Ethereum show price increases and market achievements, contributing to a rise in overall market capitalization.
Bitcoin and Ethereum Show Strong Growth
Currently, Bitcoin ($BTC) has reached a high of $105K, with a current price of $103,888.57, indicating a 0.35% rise. Bitcoin's market dominance stands at 61.8%. Ethereum ($ETH) is trading at $2,559.38, reflecting an 8.97% price increase with a market dominance of 9.2%.
Top Crypto Gainers of the Day
Among the leading cryptocurrencies with the highest gains are Black Phoenix ($BPX), which has surged by 1593.90% to $1.95, Book of Meme 3.0 ($BOME) with a 913.80% increase reaching $0.000000004234, and PEPE MAGA ($MAGA) with a notable increase of 797.71% to $0.00002438.
DeFi and NFT Market Status
In the DeFi sector, the overall TVL has increased by 4.80% to $118.131B, with AAVE as the leading DeFi project having a TVL of $24.593B. Conversely, the NFT market has experienced a 22.63% drop in sales volume to $16,059,263, with the Courtyard collection leading in sales volume at $2,251,670.
Overall, the current positive trends in the crypto market, including the rise of key assets and discussions on tokenization, provide a basis for a potential bullish rally in the future.
