Crypto Market Rebounds Slightly as Bitcoin and Ethereum Post Gains

The crypto market has experienced a modest recovery as the latest 24-hour statistics reveal. Hence, the total crypto market capitalization has hit the $2.18T mark, showing a 1.35% surge over the past 24 hours. Nonetheless, the 24-hour crypto volume stands at $87.65B mark, displaying a minor 0.08% dip. At the same time, the Crypto Fear & Greed Index accounts for 16 points, highlighting persistent “Extreme Fear” among the market participants.

Bitcoin ($BTC) Sees 0.97% Spike and Ethereum ($ETH) Witnesses 1.23% Increase

Specifically, the top cryptocurrency, Bitcoin ($BTC), is currently changing hands at $63,277.71. This price level indicates a 0.97% rise over the past 24 hours while Bitcoin’s ($BTC) market dominance is sitting at 58.2%. In addition to this, the leading altcoin, Ethereum ($ETH), is now trading at $1,687.41, signifying a 1.23% surge. In the meantime, the market dominance of Ethereum ($ETH) is now standing at 9.4%.

$LABUBU, $BASE, and $IBIT Lead Top Crypto Gainers of Day

Apart from that, the list of dominant crypto gainers of the day includes LABUBU ($LABUBU), Base AI ($BASE), and BlackRock ($IBIT). Particularly, $LABUBU has jumped by a staggering 311.60%, hitting the $0.007335 mark. Following that, $BASE has effectively reached $0.00008754 after a 304.35% increase. Subsequently, a 293.27% surge has placed $IBIT’s price at the $0.01048 spot.

DeFi TVL Dips by 0.46% and NFT Sales Volume Slumps by 31.4%

Decentralized Finance (DeFi) TVL has dropped by 0.46%, attaining the $71.985B mark. Along with that, the top DeFi project in terms of TVL, Lido, is 0.87% down at $14.876B. However, when it comes to 1-day TVL change, Starlay Finance has gained the top position in the DeFi sector, claiming a stunning 181439812% growth over the past twenty-four hours.

On the other hand, the NFT sales volume has plunged by 31.4% to reach $1,417,503,459. Additionally, the top-selling NFT collection CryptoPunks has touched $84,487, showing no fluctuation over the past 24 hours.

Humanity Protocol’s $30M Exploit Sinks $H 80%, Coinbase Joins Hyperliquid as USDC Treasury Partner

The crypto industry has also gone through many other crucial developments across the globe over the past 24 hours. In this respect, Humanity Protocol has experienced a staggering $30M hack, leading to an 80% collapse of $H token.

Moreover, Coinbase has partnered with Hyperliquid by occupying the place of its official $USDC treasury deployer after the AQAv2’s activation. Furthermore, the prominent crypto exchange Bybit has introduced a unique algorithmic trading tool, POV Order, to facilitate big crypto trades for high-volume traders and institutional players alike.