Crypto Sector Surges Past $3.6T Amid Large Coin Rally

The crypto market has witnessed significant growth again amid the broader bull run. In this respect, the total crypto market capitalization has touched $3.64T after a 4.93% increase over the past 24 hours. In addition to this, the 24-hour crypto volume has also seen a 47.40% upsurge to reach the $206.7B mark. Concurrently, the crypto Fear & Greed index has entered the “Greed” zone, accounting for 67 points.

Bitcoin Sets Latest ATH above $117K and Ethereum Surges by 7.75%

The flagship crypto asset, Bitcoin ($BTC), is currently trading at $117,511.65, which is its new all-time high. This price level highlights a 5.82% increase over twenty-four hours. Additionally, the market dominance of Bitcoin has touched 63.8%. Apart from that, Ethereum ($ETH) has touched $2,995.89 mark in terms of price, denoting a 7.75% increase. In the same vein, its market dominance now accounts for 9.8%.

$BPX, $SWOL, and $GROK Lead Crypto Gainers of Day

Simultaneously, the top crypto gainers of the day include Black Phoenix ($BPX), Snowy Owl ($SWOL), and BOME GROK ($GROK). Specifically, $BPX has jumped by 3073.04% to reach $2.61 mark in price. Subsequently, $SWOL is now trading at $0.0001532, displaying a 1675.45% increase. Following that, with a 1022.14% spike, $GROK’s present price has reached $0.00001909.

DeFi TVL Surges by 4.67% and NFT Sales Volume Records 63.54% Spike

Along with that, the DeFi TVL has effectively attained the $126.51B mark after a 4.67% rise over 24 hours. Additionally, AAVE, the top among DeFi projects in terms of TVL stands at $28.823B, presenting a 3.58% increase. However, when it comes to 1-day TVL increase, Brise Swap takes the lead with a 14074233692695035904% surge over 24 hours.

Similarly, the NFT sales volume has also jumped by 63.54%, touching $28,313,292. Particularly, f(x) wstETH position is dominating the top-selling NFT collections, with its sales accounting for $11,230,313 after a staggering 427.19% surge.

Pump.fun Acquires Kolscan and Robinhood Crypto Faces Florida AG Probe

Overall, several other developments that have taken place during the past twenty-four hours are also influential for the crypto sector. Hence, Pump.fun has announced the acquisition of Kolscan, a $SOL-based wallet tracker, before the upcoming token ICO.

Moreover, the Florida Attorney General has filed a lawsuit against Robinhood Crypto as it has allegedly misled consumers about decreased trading costs. Furthermore, Bitcoin’s upsurge above $117K further enhances the speculation for a potentially upcoming bull rally across the crypto sector.