Crypto Sector Reclaims $4T Market Cap as Ethereum Leads Bull Run

The worldwide crypto sector has recently experienced remarkable growth with Ethereum ($ETH) dominating the surge. The exclusive market data points out that the total crypto market capitalization has reached 4.06T after a 2.82%.

In addition to this, the 24-hour crypto volume has seen a 13.73% increase to touch $220.75B. Complementing this, the Crypto Fear & Greed index is also in the “Greed” territory, accounting for 63 points.

Bitcoin Slightly Surges by 0.54% While Ethereum Records Huge 8.62% Rise

Particularly, Bitcoin ($BTC) has gone through a slight increase of 0.54% over past 24 hours. As a result of this, its current price is hovering around $119,138.10. Along with that, the market dominance of Bitcoin stands at 58.6%.

On the other hand, Ethereum ($ETH) has shown notable progress with a stunning 8.62% increase that has placed its price at $4,643.25. Additionally, its market dominance has also surged to the 13.8% mark.

$TURBO, $AGIXBT, and $TSLA Lead Crypto Gainers

Simultaneously, the prominent crypto gainers include TURBO BOME ($TURBO), AGIXBT by Virtuals ($AGIXBT), and Tesla ($TSLA). Specifically, $TURBO has recorded a staggering 677.72% increase to reach $0.00002132. Following that, $AGIXBT has jumped by 953.93% to attain $0.00005628. Subsequently, $TSLA is now trading at $31.06, presenting a 200.79% rise.

DeFi TVL Grows by 5.15% and NFT Sales Volume Witnesses 41.16% Increase

At the same time, the DeFi TVL displays a 5.15% increase, attaining the $156.86B spot. Additionally, the top DeFi project in terms of TVL, Lido, has gone through an 8.92% increase, touching $41.455B. However, when it comes to 1-day TVL change, zkBoost dominates with a huge 322806% TVL increase over twenty-four hours.

Apart from that, the NFT sales volume has also recorded a 41.16% spike, claiming $24,360,928. Adding to this, the top-selling NFT collection, CryptoPunks , has also jumped by 22.73% to reach $2,376,725.

Grayscale Files for Hedera and Cardano ETFs, While Do Kwon Admits Orchestrating $40B Crypto Fraud

Overall, the crypto market has also seen several other influential developments. In this respect, Binance has become a part of the T3 Financial Crime Unit led by TRM Labs, Tether, and Tron to target illegal crypto activity.

Moreover, Grayscale has submitted new filings for Hedera ($HBAR) and Cardano ($ADA) ETFs. Furthermore, Do Kwon, the co-founder of Terraform Labs, has admitted to having orchestrated the staggering $40B crypto fraud in the federal court of Manhattan.