Crypto Landscape Witnesses Significant Volatility Amid Overall Positive Momentum

Amid the overall optimism, the crypto market has shown a notable volatility over the past 24 hours. As per the new market statistics, the total crypto market capitalization has touched the $3.77 mark following a 2.52% decrease. On the other hand, the 24-hour crypto volume has seen a 9.15% upsurge, reaching $220.3B. At the same time, the crypto Fear & Greed index is still in the “Greed” territory, accounting for 66 points.

Bitcoin Plunges by 1.70% and Ethereum Witnesses 1.24% Drop

Particularly, the flagship crypto coin, Bitcoin ($BTC), has recorded a 1.70% price drop to touch $115,730.43. Concurrently, the market dominance of Bitcoin ($BTC) stands at 60.9%. In addition to this, Ethereum ($ETH) is changing hands at $3,603.27, showing a 1.24% decline over past twenty-four hours.

In the same vein, Ethereum’s market dominance has also jumped to 11.5%. Similarly, Solana ($SOL) has also dropped by 2.3%, while it is presently hovering around $178.65. Adding to this, Thether ($USDT), Dogecoin ($DOGE), and Cardano ($ADA) etc., have also gone through such dips.

$BPX, $SWOL, and $MAGA Lead Crypto Gainers

Concurrently, the key crypto gainers take into account Black Phoenix ($BPX), Snowy Owl ($SWOL), and TRUMP MAGA ($MAGA). In this respect, $BPX has gained a notable 3360.98% increase to claim the $2.71 mark. Additionally, $SWOL has reached $0.0001141 after a 2339.07% spike. Subsequently, $MAGA has climbed by 579.68% to attain $0.001842 in price.

DeFi TVL Sees 0.99% Decline and NFT Sales Volume Dips by 56.52%

Apart from that, the DeFi TVL has plunged by 0.99% over the past twenty-four hours, claiming $136.22B. However, the AAVE , the top DeFi project based on TVL, has reached $33.106B, following a 1.24% increase. Additionally, in terms of 1-day TVL change, Factor has gained the top place with a 109349% upsurge over 24 hours.

Just like the overall DeFi dip, the non-fungible token (NFT) sales volume is 56.52% down at $27,470,302. Specifically, STRAT Option #258 has become the top-selling NFT collection with its sales touching the $4,602,380 spot.

Trump Backs Crypto 401(k) Plans as BitMine Buys $2B in ETH in 16 Days

Similarly, several other significant developments have also occurred in the crypto sector over 24 hours. In this respect, the White House, under the U.S. President Donald Trump, is working on allowing 401(k) plans, including crypto, to reshape the retirement investment strategies in the country.

Moreover, BitMine has acquired more than $2B in $ETH over sixteen days, indicating increasing institutional interest in Ethereum. Furthermore, OSL Group of Hong Kong has obtained $300M in the latest equity financing round to back its worldwide expansion.