Crypto Market Maintains Bull Rally Amid Greed-Driven Sentiment

The crypto landscape has gone through a noteworthy growth over the past 24 hours. As per the new market data, the total crypto market capitalization has reached the $3.96T mark after a 1.43% increase.

In addition to that, the 24-hour crypto volume has also surged by 25.55% to reach the $150.71B spot. Concurrently, the Crypto Fear & Greed Index stays strong in the “Greed” territory while accounting for 67 points.

Bitcoin Witnesses 1.02% Surge and Ethereum Records 3.84% Spike

Specifically, the flagship crypto asset, Bitcoin ($BTC), is currently changing hands at $119,507.14. This indicates a 1.02% price spike. Additionally, the market dominance of Bitcoin stands at 60.0%.

Just like this, Ethereum ($ETH) has witnessed a notable 3.84% rise to claim the $3,934.32 mark. Along with that, Ethereum’s market dominance has jumped to 11.9%.

$BPX, $SNL, and $NEIRO Dominate Crypto Gainers

At the same time, Black Phoenix ($BPX), Snow Leopard ($SNL), and Neiro Pump ($NEIRO) are the dominators among the crypto gainers. Particularly, $BPX has seen a massive 1453.16% rise to touch $0.7757.

Apart from that, $SNL has spiked by 643.27%, attaining $0.00000005618 in terms of price. Subsequently, $NEIRO is now trading at $0.02193 after a 632.76% increase.

DeFi TVL Jumps by 2.79% While NFT Volume Experiences 37.14% Increase

Simultaneously, the DeFi TVL has climbed by 2.79% hike to account for $143.476B. Additionally, AAVE, the top DeFi project when it comes to TVL, has jumped by 2.87% to attain the figure $35.07B. Nonetheless, in the case of 1-day TVL increase, Tangible stands atop all with a staggering 65674% rise over twenty-four hours.

In the same vein, the NFT sales volume has also recorded a 37.14% increase, reaching $27,473,978. Hence, CryptoPunks has become the top-selling NFT collection with a 24.05% growth, as its sales are now equal to $1,593,150.

SharpLink Acquires $295M in $ETH and Metaplanet Buys $92.5M in $BTC

Overall, the crypto sector has also witnessed several other notable developments. In this respect, SharpLink Gaming has acquired $295M in $ETH to bolster total holdings to more than 438,000 $ETH.

Moreover, 8 Chinese citizens have been sentenced to be imprisonment for allegedly stealing and laundering $20M via Bitcoin ($BTC). Furthermore, Metaplanet has spent $92.5M to include 780 $BTC into its holdings that have now reached $2B in total.