Crypto Market Cap Resurges to $2.55T Amid Growing Optimism

After a slight downturn, the crypto sector has again entered an optimistic zone. Hence, the total crypto market capitalization has hit $2.55T after a 1.24% increase over the past 24 hours. In addition to this, the 24-hour crypto volume has hit $141.25B, showing a 7.91% surge. At the same time, the Crypto Fear & Greed Index accounts for 55 points, expressing a gradual inclination toward the “Greed” territory while sitting in the “Neutral” zone.

Bitcoin ($BTC) Jumps by 2.71%, and Ethereum ($ETH) Sees 3.50% Increase

Particularly, the flagship crypto asset, Bitcoin ($BTC), is currently changing hands at $78,119.21. This price level presents a 2.71% jump while the market dominance of $BTC stands at 59.5%. Additionally, the top altcoin, Ethereum ($ETH), is now trading at $2,397.44 after a 3.50% rise. In the meantime, $ETH’s market dominance is nearly 10.9%.

$GPM, $BEER and $FLORK Lead Crypto Gainers of Day

Apart from that, the dominant crypto gainers of the day include Gold Pump Meme ($GPM), Beers ($BEER), and HeyFlork ($FLORK). Specifically, $GPM has surged by a staggering 2056.41%, reaching the price level of $0.01099. Following that, a 559.06% increase has placed $BEER’s price at $0.006920. Subsequently, $FLORK is now hovering around $0.0001708, displaying a 494.15% jump.

DeFi TVL Spikes by 0.25% and NFT Sales Volume Records 14.14% Rise

Simultaneously, the DeFi TVL has seen a slight 0.25% increase, hitting the $85.724B mark. In addition to this, the top DeFi project in terms of TVL, Lido, is 1.81% up at $22.173B. Additionally, when it comes to 1-day TVL change, Durianfun has attained the leading position in the DeFi sector, claiming 571% increase over the past twenty-four hours.

Similarly, the NFT sales volume has jumped by 14.14%, touching $6,241,299. In the same vein, the top-selling NFT collection, Courtyard, has hit $1,041,054 after a 95.78% increase.

Justin Sun Commences Lawsuit Against WLFI and Volo Protocol Undergoes $3.5M Exploit

Moving on, the crypto landscape has also experienced many other key developments across the globe over 24 hours. In this respect, Justin Sun, the founder of the Tron network, has initiated a legal fight against World Liberty Financial for freezing his $WLFI funds.

Moreover, Bitfire Group, a key wealth manager listed in Hong Kong, is officially acquiring staff and crypto trading models from Avenir Group of Chinese crypto giant Li Lin. Furthermore, Volo Protocol has experienced a $3.5M exploit on Sui-based vaults thereof, with $500K already halted during recovery endeavors.