Crypto market records strong recovery as market cap hits $3.25T, with Bitcoin ($BTC) and Ethereum ($ETH) surging alongside rising DeFi and NFT activity.Crypto market records strong recovery as market cap hits $3.25T, with Bitcoin ($BTC) and Ethereum ($ETH) surging alongside rising DeFi and NFT activity.

Crypto Market Records Massive Recovery and Market Cap Claims $3.25T

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The crypto landscape has witnessed a massive surge over the past 24 hours. Hence, the total crypto market capitalization has eventually hit the $3.25T mark, showing a 4.17% rise. In addition to this, the 24-hour crypto volume has gone through a 61.95% increase, touching $153.19B. At the same time, the Crypto Fear & Greed Index is now standing at 52 points, indicating a “Neutral” sentiment while also signalling a subsequent growth in the near term.

Bitcoin ($BTC) Jumps by 3.82%, and Ethereum ($ETH) Sees 6.56% Rise

Specifically, Bitcoin ($BTC), the leading cryptocurrency is now changing hands at $95,130.84 mark in terms of price. This price level indicates a notable 3.82% spike, while its market dominance is nearly 58.6%. Along with that, the flagship altcoin, Ethereum ($ETH), is currently trading at $3,333.46, presenting a 6.56% jump. In the meantime, the market dominance of the top altcoin is sitting at 12.4%.

$TRUMP, $TRUMP, and $MAGA Dominate Today’s Key Crypto Gainers

Apart from that, the list of top crypto gainers takes into account PEPE TRUMP ($TRUMP), TRUMP AI ($TRUMP), and TRUMP MAGA ($MAGA). Particularly, the $TRUMP has jumped by a noteworthy 558.14%, reaching $0.0000001895. Subsequently, a 557.46% increase has placed $TRUMP’s price at $0.0003656. Following that, $MAGA is hovering around $0.1112 after a 340.50% increase.

DeFi TVL Surges by 4.70% and NFT Sales Volume Witnesses 9.94% Increase

Simultaneously, the DeFi TVL is 4.70% up, at $120.353B. In the same vein, a 5.16% surge has raised the top DeFi project in terms of TVL, Aave, to the $36.284B spot. On the other hand, when it comes to 1-day TVL change, TaraPerps is the leading DeFi project, accounting for a 274948% rise over the past twenty-four hours.

Adding to this, the NFT sales volume has now touched the $10,300,310 figure, led by a 9.94% spike. Similarly, the top-selling NFT collection, $X@AI BRC-20 NFTs, has ultimately reached the $898,131 mark.

U.S. Approves Nvidia H200 Chip Sales to China as BitGo Launches Institutional Derivatives Service

Moving on, the crypto market has also experienced many notable developments over the past 24 hours. In this respect, the U.S. government has approved the sale of the Nvidia H200 chips to China.

Moreover, BitGo has added derivatives trading service via its institutional over-the-counter (OTC) trading ecosystem. Furthermore, South Korea-based leading financial player KB has submitted a patent filing for stablecoin credit card.

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