The cryptocurrency market shows signs of recovery after a recent downturn. Capitalization has risen to $3.72 trillion, while trading volumes experienced a decline.
Market Recovery Overview
The total cryptocurrency market capitalization stands at $3.72 trillion, reflecting a 1.64% increase over the last 24 hours. Trading volume during this period has decreased by 22.37% to reach $107.81 billion. The Crypto Fear & Greed Index is currently neutral at 52 points.
Price Changes in Bitcoin and Ethereum
Bitcoin has seen a 0.74% price increase and is currently trading at $114,309.68, with a market dominance of 61.2%. Ethereum rose by 2.52%, reaching a price of $3,534.52, with a market dominance of 11.5%.
Important Developments in DeFi and NFT
Notable crypto gainers of the day include Coinbase ($COIN) with a 3680.09% increase, Snowy Owl ($SWOL) with 2998.89%, and America Party ($AMERICA) with a 1394.14% rise. The DeFi Total Value Locked (TVL) increased by 3.47% to $134.17 billion, with AAVE as the leading project. NFT sales volume grew by 5.35%, reaching $15,789,190. Additionally, the damaged statue of Satoshi Nakamoto was found in Lake Lugano.
Recent changes in the cryptocurrency market highlight the dynamic development and increasing investor interest in this sector, despite some volatility.
