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Crypto Markets Erupt: Bitcoin, Ethereum Lead Charge as Altcoins Ride the Wave

Crypto Markets Erupt: Bitcoin, Ethereum Lead Charge as Altcoins Ride the Wave

Published:
2025-05-20 11:00:00
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Digital assets go vertical—BTC smashes through resistance levels while ETH flirts with ATH. Even the ’useless’ meme coins are getting a second look from suddenly enthusiastic traders.

Bullish momentum defies traditional finance skeptics (who are now quietly recalculating their 2025 predictions). BNB and SOL post double-digit gains as institutional inflows hit 18-month highs.

The real surprise? How quickly Wall Street analysts pivot from ’speculative bubble’ to ’digital gold 2.0’ when their clients start demanding exposure.

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The crypto landscape has gone through a noteworthy jump over the past 24 hours.  In this respect, the total crypto market capitalization has reached $3.34T following a significant 2.38% increase. In addition to this, the 24-hour crypto volume has touched $135.04B after a 3.31% decline. Simultaneously, the crypto Fear & Greed Index stands at 68 points, signifying “greed.”

Bitcoin Surges by 2.79% and Ethereum Sees a 6.64% Rise

Bitcoin ($BTC) has remained effective in getting a 2.79% spike in its price that has touched $105,953.22. Along with that, the market dominance of the top crypto asset has touched 62.8%. Similarly, ethereum ($ETH) has also witnessed a 6.64% rise to reach the $2.547.58 mark. Additionally, the market dominance of Ethereum has touched 9.2%.

$FTW, $SISC, and $BOME Lead Top Crypto Gainers of Day

Apart from that, the daily crypto gainers include Black Agnus ($FTW), Shirushi Coin ($SISC), and Book of Meme 3.0 ($BOME) in the top 3 positions. In this respect, $FTW has recorded a staggering 1277.42% price increase that has raised its price to $0.00000005305. Along with that, $SISC now accounts for $0.007068 after a 1016.50% upsurge. Subsequently, $BOME is the top 3rd crypto gainer that has seen a 1007.30% increase to reach $0.000000001092.

DeFi TVL Jumps by 1.59% While NFT Sector Records 1.01% Increase

Concurrently, the DeFi sector has also gone through a 1.59% surge in its total value locked, that has reached $116.677B. Specifically, AAVE is the top DeFi project when it comes to the cumulative amount of TVL, accounting for a stunning $24.382B. Nevertheless, when it comes to daily TVL rise, BluMove is atop others, claiming a huge 160692% increase.

Additionally, the NFT market shows a 1.01% increase in its sales volume that has now touched $14,332,544. Particularly, Courtyard stands atop NFT collections with its sales volume rising to $2,401,318 after a 66.07% upsurge.

GENIUS Stablecoin Act Gets Bipartisan Support, While Circle to Sell $5B to Ripple or Coinbase

Overall, the crypto sector is going through notable developments that are positively contributing. In this respect, the U.S. Senate has recently voted on the major stablecoin bill, “GENIUS Act,” showing increasing bipartisan support for crypto.

Moreover, Circle is planning a $5B Sale to Ripple or Coinbase as IPO uncertainty rises. Furthermore, Nasdaq-listed DigiAsia is endeavoring to raise $100M for Bitcoin buyout, after which 50% of gains will be allocated to $BTC.

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