The crypto sector has recorded a significant surge over the past 24 hours. Hence, the cumulative crypto market capitalization has jumped by 3.66%, hitting the $2.36T mark. However, the 24-hour crypto volume has dropped by 11.84% to reach $90.42B. At the same time, the Crypto Fear & Greed Index stands at 11 points, underscoring “Extreme Fear” among the market participants.
Bitcoin ($BTC) Surges by 3.92% and Ethereum ($ETH) Sees 6% Spike
Specifically, the flagship cryptocurrency, Bitcoin ($BTC), is now trading at $68,838.69. This price level highlights a 3.92% increase, while the $BTC’s market dominance is 58.3%. Apart from that, the leading altcoin, Ethereum ($ETH), is changing hands at $2,052.85, suggesting a 6.00% increase in price. In the meantime, $ETH’s market dominance accounts for 10.5%.
$BPX, $XBTC, and $TRUMP Dominate Top Crypto Gainers
Apart from that, the leading crypto gainers of the day include Black Phoenix ($BPX), XenBitcoin ($XBTC), and PEPE ($TRUMP). Particularly, $BPX has surged by a staggering 1848.00% to reach $2.81. Subsequently, $XBTC is trading at $68,869.20 after an 1882.14% rise. Following that, a 1183.61% increase has placed $TRUMP’s price at $0.0001442.
DeFi TVL Records 2.47% Increase While NFT Sales Volume Plunges by 12.66%
Simultaneously, the DeFi TVL has spiked by 2.47%, claiming the $97.401B mark. Additionally, the top DeFi project in the case of TVL, Aave, is 1.95% up, touching the $27.82B spot. Nevertheless, when it comes to 1-day TVL change, Arkis has claimed the top position in the DeFi market, accounting for a stunning 1691% rise over the past twenty-four hours.
On the other hand, the NFT sales volume has dropped by 12.66%, reaching $15,413,911. Even then, the top-selling NFT collection, Flying Tulip PUT, has climbed by 13.28% to touch $13,411,033.
Figure Experiences Security Breach and Cisco Broadens AgenticOps Functionalities
Moving on, the crypto industry has also seen several other key developments over 24 hours. In this respect, Figure, a blockchain lending entity, has undergone a security breach amid a social engineering attack.
Moreover, Cisco, a prominent tech company, is expanding AgenticOps functionalities to expand AI-led IT operations. Furthermore, Polymarket has unveiled access to ultra-short cryptocurrency speculation.
Source: https://blockchainreporter.net/crypto-market-jumps-by-3-66-despite-extreme-fear-sentiment/
