Crypto Market Surpasses $3.74T Amid Altcoin Dominance

The crypto landscape has experienced a notable upsurge led by the growing altcoin dominance. In this respect, the total crypto market capitalization has risen above $3.74T after a 1.36% growth over 24 hours. However, the 24-hour crypto volume has seen a 10.14% dip to reach $128.96B. At the same time, the Crypto Fear & Greed Index is standing in the “Neutral” region while accounting for 54 points.

Bitcoin Rises by 0.98% and Ethereum Sees 2.53% Upsurge

Particularly, Bitcoin ($BTC) is changing hands at $114,597.59 after a 0.98% increase. Additionally, the top crypto asset’s market dominance is now standing at 60.9%. Along with that, Ethereum ($ETH) is prominent among the liquid altcoins giving a “yes” signal. Hence, it has gone through a 2.53% rise to reach the $3,669.69 mark. In the same vein, its market dominance has surged to 11.8%.

$BOME, $COIN, and $GROK Lead Crypto Gainers

Apart from that, the top crypto gainers of the day include Book of Meme 3.0 ($BOME), [Fake] Wrapped COINBASE ($COIN), and SORA GROK ($GROK). Specifically, $BOME has witnessed a 321.71% price rise to attain $0.0000000007927. Following that $COIN is trading at $0.0004061 after a 491.93% increase. Subsequently, $GROK accounts for 469.06% jump to touch $0.01857.

DeFi TVL Records 1.15% Increase, While NFT Sales Volume Dips by 11.93%

Simultaneously, the DeFi TVL has spiked by 1.15%, reaching $138.078B. Additionally, the top DeFi project in the case of TVL, AAVE, has increased by 1.87% to touch $34.886B. Nonetheless, Tangible stands atop the DeFi platforms when it comes to 1-day TVL increase while accounting for 1448671% over twenty-four hours.

On the other hand, the NFT sales volume has slumped to $18,839,686 after a 11.93% drop. Adding to this, the top-selling NFT collection, Courtyard, has also plunged by 8.01% to attain the $2,284,783 spot.

U.S. President Imposes Tariffs on India, Whereas JPMorgan Names Kara Kennedy as Kinexys’ Global Co-Head

Similarly, several other advancements have also occurred in the crypto industry in the meantime. In this respect, the U.S. President Donald Trump has announced exclusive tariffs on imports from India to meet trade imbalances. Additionally, the SEC’s recent announcement to exclude receipt tokes from the list of securities has also decreased regulatory uncertainty.

Moreover, Parataxis, a well-known Bitcoin ($BTC) asset management platform, is going public through a new special purpose acquisition company (SPAC) merger. Furthermore, JPMorgan has announced the naming of Kara Kennedy to work as the co-head of the blockchain-centered division “Kinexys.”