In the crypto landscape, a significant growth has taken place over the past 24 hours as Bitcoin ($BTC), Ethereum ($ETH), and other crypto assets have expressed considerable gains. The total crypto market cap has touched $3.37T after a huge 2.59% increase, while the 24-hour volume has dipped by 18.20% to reach $147.55B. Additionally, the Fear & Greed Index has jumped to 74, showing noteworthy “greed.”
Bitcoin and Ethereum Record 1.15% and 8.88% Gains
At the moment, Bitcoin ($BTC) is hovering around $103,813.73, indicating a 1.15% price spike over the past twenty-four hours. Apart from that, the market dominance of the top crypto asset now stands at 61.1%. Similarly, Ethereum ($ETH) has remained effective in gaining a big profit of almost 8.88%. As a result, its price is $2,672.69 while its market dominance is 9.6%.
$FTW, $FUNCH, and $MAGA Lead Crypto Gainers of Day
The daily crypto gainers include Black Agnus ($FTW), FUNCH ($FUNCH), and PEPE MAGA ($MAGA). Particularly, $FTW has recorded a 3133.54% increase, elevating its price to $0.0000001104. Along with that, $FUNCH and $MAGA account for 2218.68% and 792.47% price rises. Hence, their current prices are $0.006931 and $0.003437 respectively.
DeFi TVL Surges by 2.86% While NFT Sales Volume Spikes by 15.36%
The wider crypto optimism has also been reflected in the DeFi sector with a 2.86% surge in TVL. With this increase, the overall DeFi TVL has touched the $119.43B mark. Particularly, AAVE enjoys the top position among DeFi projects in the case of TVL while accounting for $25.048B. Nevertheless, in line with the 24-hour TVL change, HipPowSwap is atop others with a +22644961% rise.
With a 15.36% jump, the total NFT sales volume has touched $20,564,308. Apart from that, a key shift has taken place in the NFT market as CryptoPunks has outcompeted Courtyard when it comes to sales to take the top position. Thus, its total sales volume is $3,711,035 after a 193.18% increase.
Sky Inc. Loses $5M Due to Interest Rate Hike and Thailand to Tokenize $150M in Native Government Bonds
Concurrently, the broader crypto sector is also going through positive institutional and macroeconomic developments. In this respect, Coinbase and Robinhood are planning expansion across Canada with substantial crypto deals.
On the other hand, Sky Inc. has reported an enormous $5M Loss after rise in interest rates. Moreover, the government of Thailand has proposed the tokenization of $150M in terms of government bonds to benefit retail investors.
