Crypto Market Rebounds with Notable Gains Across Leading Assets

The past 24 hours have witnessed a considerable rebound across the crypto sector. Hence, the 24-hour crypto volume has surged by a stunning 23.11%, reaching the $84.98B mark. However, the cumulative crypto market capitalization presents a slight 0.54% dip. At the same time, the Crypto Fear & Greed Index stands at 35 points, while endeavoring to soon cross the “Fear” zone.

Bitcoin ($BTC) Jumps by 4.37%, and Ethereum ($ETH) Sees 6.38% Increase

The flagship crypto asset, Bitcoin ($BTC), is now changing hands at $71,754. This price level indicates a 4.37% increase while the market dominance of $BTC is 58.5%. In addition to the leading altcoin, Ethereum ($ETH), is currently trading at up to $2,244.52, expressing a 6.38% increase. In the meantime, the market dominance of $ETH accounts for nearly 10.8%.

$CATX, $DOGO, and $PENGU Dominate Crypto Gainers of Day

Apart from that, the leading names among the crypto gainers of the day include CATX ($CATX), DOGO ($DOGO), and PENGU AI ($PENGU). Particularly, $CATX has surged by a staggering 2198.56%, hitting the price of almost $0.00001354. Following that, a 1589.11% increase has placed $DOGO’s price at $0.000002408. Subsequently, $PENGU’s price is hovering around $0.004015 after 1450.65% surge.

DeFi TVL Records 3.76% Spike and NFT Sales Volume Witnesses 13.20% Growth

Simultaneously, the DeFi total value locked has increased by 3.76%, touching the $95.484B mark. Additionally, the top DeFi project in terms of TVL, Aave, is 3.88% up, at $25.282B. Similarly, in the case of 1-day TVL change, LogX is the leading project in the DeFi world, signifying an 841% spike over the past twenty-four hours.

In the same vein, the NFT sales volume has also jumped by 13.20%, reaching $7,908,268. Additionally, the top-selling NFT collection, Courtyard, now sits at $2,206,484, presenting a 112.05% rise.

Morgan Stanley Launches BTC ETF and FDIC Speeds Stablecoin Rules

Moving on, the crypto industry has also seen many other noteworthy developments across the globe over 24 hours. In this respect, Morgan Stanley has officially debuted the $BTC ETF on the NYSE. Moreover, FDIC has pushed forward rulemaking for the stablecoin policy “GENIUS Act” for issuer entities. Furthermore, Anthropic has limited reach to its AI model amid the fears of cyberattacks in the future.