Crypto Market Surges to $2.44T Amid Growing Momentum

The crypto market continues to show significant growth as the latest 24-hour data confirms it. Hence, the total crypto market capitalization has surged by 1.35% to reach $2.44T. In addition to this, the 24-hour crypto volume has hit the $95.31B mark after a 0.82% increase. At the same time, the Crypto Fear & Greed Index now accounts for 46 points, showing a “Neutral” sentiment among the market participants.

Bitcoin Surges by 0.95% and Ethereum ($ETH) Sees 1.82% Increase

Reflecting the wider market growth, the top crypto asset, Bitcoin ($BTC), is 0.95% up while changing hands at $72,738.24. Additionally, the market dominance of Bitcoin stands at 59.1%. Along with that, the flagship altcoin, Ethereum ($ETH), is now changing hands at $2,234.07, displaying a 1.82% rise in price. In the meantime, $ETH’s market dominance sits at 10.9%.

$PENGU, $HBTC, and $TSLA Lead Crypto Gainers of Day

Simultaneously, the top crypto gainers of the day include PENGU AI ($PENGU), Hold BTC ($HBTC), and Tesla ($TSLA). Particularly, $PENGU has risen by a staggering 1513.39%, reaching $0.0006242. Subsequently, a 1318.38% prise surge has pushed $HBTC to $0.000003243. Following that, $TSLA shows a 1148.86% increase, while hovering around $0.3357.

DeFi TVL Jumps by 1.27%, While NFT Sales Volume Drops by 4.99%

Apart from that, the DeFi TVL has recorded a 1.27% jump, hitting the $95.975B spot. In the same vein, the top DeFi project in terms of TVL, Aave, presents a 1.90% increase, touching $25.645B. However, when it comes to 1-day TVL change, Surf Liquid leads the DeFi landscape, accounting for a stunning 6924% spike over the past twenty-four hours.

On the other hand, the NFT sales volume has plunged by 4.99%, claiming $6,463,601. Additionally, the top-selling NFT collection, Courtyard, has witnessed a 12.81% jump, reaching $1,232,516.

Polymarket Launches Stablecoin Upgrade, CFTC Backs Crypto Innovation

Concurrently, the crypto industry has also experienced many other key developments across the globe over the past 24 hours. In this respect, Polymarket has revealed a crucial upgrade with the new Polymarket USD stablecoin to drive prediction markets.

Moreover, the CFTC has named the earliest innovation working teams to accelerate crypto clarity regulation. Furthermore, Bhutan has offloaded seventy percent of the total Bitcoin ($BTC) holdings over 18 months while also stopping mining.