Crypto Market Climbs above $3.87T Led by Altcoin Momentum

The crypto landscape has recently achieved another milestone driven by the broader altcoin upswing. In line with the exclusive market statistics, the total crypto market capitalization has witnessed a 2.52% rise over the past 24 hours to reach $3.87T.

On the other hand, the 24-hour crypto trading volume has dipped by 12.99% to touch $194.52B. However, the Crypto Fear & Greed Index remains bullish in the “Greed” territory while accounting for 64 points.

Bitcoin Surges by 1.55% and Ethereum Sees 2.77% Increase

Particularly, Bitcoin ($BTC) has seen a 1.55% increase to attain the $117,513.64 mark in price. Additionally, its market dominance is 60.5%. At the same time, Ethereum ($ETH) has surged by 2.77% to reach $3,740.01.

Along with that, the market dominance of Ethereum has jumped to 11.7%. Similarly, the majority of the notable altcoins, including Dogecoin ($DOGE), Solana ($SOL), and Sui ($SUI) are also showing positive growth, leading to the latest market upturn.

$CATX, $COIN, and $TRUMP Dominate Crypto Gainers

Apart from that, the prominent crypto gainers of the day include CATX ($CATX), Wrapped COINBASE ($COIN), and trumpwifhat ($TRUMP). Particularly, $CATX has gone through a staggering 2359.85% spike to reach $0.000006346. Following that $COIN has recorded a 665.35% rise to attain the $0.008513 mark. Subsequently, $TRUMP has reached $0.01297 mark after a 528.79%.

DeFi TVL Witnesses 1.65% Rise and NFT Sales Volume Accounts for 2.22% Upsurge

Simultaneously, the DeFi TVL has experienced a 1.65% upsurge over past twenty-four hours to reach $139.072B. Additionally, Lido, the top DeFi platform in terms of TVL has jumped by 2.57% to touch $33.785B. Nevertheless, in the case of 1-day TVL increase, Pit Finance stands atop the others while accounting for 1154305% spike over 24 hours.

In the same vein, the NFT sales volume has also surged by 2.22% to gain the $26,719,532 spot. Adding to this, the top-selling NFT collection, CryptoPunks, has reached $7,959,324 in sales volume after a 177.40% rise.

UK-Based Smarter Web Company to Raise Bitcoin Holdings to 1,825 $BTC While Galaxy Digital Sales out $9B $BTC

In the meantime, the crypto industry has also gone through several notable developments. In this respect, UK-based web design platform, the Smarter Web Company, has asserted its plan to broaden Bitcoin ($BTC) holdings to 1,825 $BTC (equaling $215M).

What’s more, Binance is unveiling a web beta version for Solana and BSC trading to back DeFi growth. Furthermore, Galaxy Digital has effectively conducted the $9B $BTC Sale, denoting one of the prominent large Bitcoin transactions.