Crypto Market Surpasses $3.46T as Bitcoin and Ethereum Lead Pack

The global crypto sector presents a positive outlook amid the notable surges across Bitcoin ($BTC) and altcoin sectors. In this respect, the cumulative crypto market capitalization has reached $3.46T following a 2.95% increase over past 24 hours. In addition to this, the 24-hour crypto volume has also surged by 44.98% to touch the $141.17B mark. Concurrently, the crypto Fear & Greed index has also spiked to the upper edge of the neutral position with 58 points.

Bitcoin and Ethereum Record 2.25% and 6.52% Price Jumps

Specifically, the leading crypto asset, Bitcoin ($BTC), has witnessed a 2.25% increase in price. With this, its price now stands at $111,043.83. Additionally, Bitcoin enjoys a market dominance of 63.8%. Apart from that, Ethereum ($ETH) has also led the wider crypto rally with a 6.52% rise that has increased its price to $2,778. At the same time, its market dominance is nearly 9.7%.

$FTW, $HOOD, and $GROK Lead Crypto Gainers of Day

Along with that, the prominent crypto gainers include Black Agnus ($FTW), Robinhood ($HOOD), and SORA GROK ($GROK). Particularly, $FTW accounts for a 3502.85% surge as its price has attained the $0.00000007649 mark. Subsequently, $HOOD is now changing hands at $0.00006698 after a 1022.81%. Following that, $GROK has jumped by 587.78%, reaching $0.3169.

DeFi TVL Surges by 3.84% While NFT Sales Volume Dips by 4.58%

Similarly, the DeFi TVL has also made a 3.84% jump, touching the $121.418B mark. Additionally, AAVE, which is the top DeFi project based on TVL has recorded a 5.31% increase, with its TVL reaching $27.826B. However, when it comes to 1-day TVL surge, Defily Dex has gained the top position with a 254256% spike over twenty-four hours.

On the other hand, the NFT sales volume has experienced a 4.58% decline, due to which its sales volume has dropped to $17,617,308. Even then, Courtyard, the top NFT collection in terms of sales, stands at $2,486,601, showing a 7.92% rise.

Emirates Adopts Crypto.com Pay, Truth Social Launches Utility Token

Overall, the crypto landscape has also seen some other noteworthy developments that are influential for its future progress. In this respect, Emirates has officially signed an MoU with prominent crypto exchange Crypto.com, integrating Crypto.com Pay for mainstream crypto adoption.

Contrarily, Trump has threatened to impose a staggering 50% tariff in the case of Brazilian products, partly because of sneaky attacks by Brazil on free speech rights and free elections in America. Moreover, Truth Social is launching a new utility token as a part of its loyalty project, “Patriot Package.”