Altcoins Stage Comeback as Crypto Markets Shrug Off Minor Pullback
Bitcoin holds steady while Ethereum and mid-caps lead recovery charge—proving once again that crypto winters thaw faster than Wall Street’s enthusiasm for ’sound money.’
Market watchers note selective accumulation in DeFi tokens as traders rotate out of meme coins. Meanwhile, institutional investors keep pretending they never doubted blockchain’s potential.
The crypto market has gone through a modest decline, as the new statistics reveal. In this respect, the total crypto market cap shows a 1.24% dip over the past 24 hours at $3.29T while the twenty-four-hour crypto volume has slumped by 16.49%, reaching $111.82B. Additionally, the crypto Fear & Greed index has also slightly dipped to 68 while denoting “greed.”
Bitcoin Dips by 0.56% While Ethereum Indicates 4.21% Price Decrease
Particularly, Bitcoin ($BTC) has witnessed a 0.56% price decrease over the recent twenty-four hours to claim the $103,437.79 mark. Along with that, the market dominance of Bitcoin ($BTC) has touched 62.6%. Just like the top crypto asset, ethereum ($ETH) went through 4.21% dip, after which it is now changing hands at $2,484.09. In addition to this, Ethereum ($ETH) has a market dominance of up to 9.1%. This highlights a notable spike in Ethereum’s market dominance, pointing toward a wide-scale altcoin market rebound.
$SNL, $FTW, and $GROK Lead Daily Crypto Gainers
Simultaneously, the top daily crypto gainers include Snow Leopard ($SNL), Black Agnus ($FTW), and BOME GROK ($GROK). These altcoins account for 3230.34%, 1416.01%, and 885.16% price surges over 24 hours. As a result of this, the prices have touched $0.0000006546, $0.00000005015, and $0.001000 respectively. Along with that, their market caps stand at $15,713,747, $501,658, and $1,093,909, respectively.
DeFi TVL Shows 8.67% Decline, Whereas NFT Sales Volume Experiences 20.61% Plunge
Analogous to the dips in the top crypto tokens, the DeFi sector also displays a relative plunge. Thus, the DeFi TVL has plunged by 8.67% to reach $114.377B. Concurrently, AAVE has again taken the top position in terms of TVL after reaching $23.384B. Nevertheless, based on the TVL growth, Threshold Network has become the 1st DeFi platform when it comes to TVL growth. Its TVL accounts for a staggering 363373% increase over past 24 hours.
Apart from that, the NFT landscape presents a 20.61% dip that has pushed its sales volume to $15,361,186. Nonetheless, DMarket has recorded a 24.86% increase in sales volume at $1,279,852 to attain the 1st rank among the NFT collections.
France to Increase Security for Crypto Entrepreneurs and Trump’s WLF Invests $3M in $EOS
Alongside, the wider crypto landscape is also seeing noteworthy developments. A significant event in this respect is the French government’s promise to improve security measures to secure entrepreneurs after many kidnappings.
Additionally, in line with the increasing demand for $USDT, Tether has minted approximately 16B $USDT via Tron Network. Moreover, as the altcoin sector is making a notable recovery, the U.S. President Donald Trump’s World Liberty Financial (WLF) has invested a huge $3M in the crypto token $EOS.
