Crypto Market Jumps to $3.37T Amid Surge in Bitcoin Dominance

The worldwide crypto sector has recorded a significant surge amid the rising momentum around the prominent crypto assets. In this respect, the crypto market capitalization has touched $3.37T after a 1.36% rise over past 24 hours. In addition to this, the 24-hour crypto volume has spiked to $88.39B following a 39.30% upsurge. Concurrently, the crypto Fear & Greed index has attained 52 points, displaying a neutral position.

Bitcoin and Ethereum See 1.07% and 2.53% Price Jumps

Bitcoin ($BTC), the flagship crypto asset, is now changing hands at $109,184.40. This price level presents a 1.07% increase.  Additionally, Bitcoin’s market dominance currently stands at 64.5%. At the same time, Ethereum ($ETH) has climbed by 2.53% to reach the latest price level of $2,574.06. Analogously, its market dominance has touched 9.2%.

$MSTR, $SWOL, and $CRCL Lead Crypto Gainers of Day

Apart from that, the top gainers in the crypto sector include MSTR ($MSTR), Snowy Owl ($SWOL), and Circle ($CRCL). Specifically, $MSTR has witnessed a 257.59% increase to reach the $2.89 mark. Following that, $SWOL has jumped by 528.17%, touching $0.0001883. Subsequently, $CRCL has also seen a 336.44% increase that has raised its price to $0.01006.

DeFi TVL Records 1.78% Surge and NFT Sales Volume Climbs by 19.95%

Along with that, the decentralized finance (DeFi) market has gained $116.819B in terms of TVL following a 1.78% increase. Additionally, AAVE has reached $26.223B, attaining the top position among DeFi protocols in terms of TVL. However, when it comes to 1-day TVL change, Defily Dex stands atop others with a 192058% increase over 24 hours.

Similarly, the non-fungible token (NFT) sector has also recorded a 19.95% increase in sales volume, reaching $16,863,760. Hence, Courtyard, the most selling NFT collection, has surged by 3.37%, accounting for $2,482,512.

Metaplanet Adds Incorporates 2,205 $BTC and Elon Musk Plans ‘America Party’ to Back Bitcoin

Overall, the crypto market has also gone through many other developments over twenty-four hours. In this respect, Metapanet has added 2,205 $BTC for up to $239M to get the 5th rank while possessing 15,555 $BTC.

What’s more, Elon Musk is planning to launch a new political party, “America Party,” to back Bitcoin while considering fiat currencies “hopeless.” Furthermore, TON has collaborated with the UAE to offer the UAE Golden Visa via $TON staking.