Bitcoin Smashes Records Again—Crypto Rally Defies Gravity (and Skeptics)
Another day, another all-time high—Bitcoin’s bull run just won’t quit. The crypto market’s relentless surge has Wall Street’s ’told-you-so’ crowd scrambling to explain how decentralized magic internet money keeps outpacing their precious ETFs.
Altcoins riding the wave: Ethereum, Solana, and even meme coins are catching bids as traders pile into risk. Meanwhile, traditional finance analysts still can’t decide if this is a ’speculative bubble’ or the future of money—pick a lane, guys.
The kicker? This rally’s happening despite regulators’ best efforts to ’protect us’ from financial freedom. Maybe the market doesn’t need their permission slips after all.
The crypto landscape is going through a continuous upswing, with top crypto assets like Bitcoin ($BTC) reflecting it in their price. The total crypto market cap has reached the $3.5T mark, showing a 3.35% jump over the past twenty-four hours. Additionally, the 24-hour crypto volume has surged by 61.07% to touch $192.82B while the Fear & Greed Index stands at 73 points, indicating significant “greed.”
Bitcoin Makes History by Setting New ATH at $111,861.22 While Ethereum Sees a 2.20% Price Rise
Bitcoin ($BTC) has recently outcompeted its former all-time high price level of $109K, setting new ATH at $111,861.22. The current price of Bitcoin is $111,362.11, denoting a 26.37% increase over 24 hours, while its market dominance has reached 63.3%. Apart from that, ethereum ($ETH) has also recorded a 2.20% spike to reach $2,622.34 in terms of price. Concurrently, its market dominance is nearly 9.1%.
$FTW, $ASM, and $B Dominate Daily Crypto Gainers
Among top crypto gainers of the day, Black Agnus ($FTW), AsMatch ($ASM), and BUILDon ($B) are prominent. Particularly, $FTW has seen a staggering 1622.60% rise, reaching $0.00000006523. Similarly, $ASM’s price has reached $2.22 after a 1381.92% increase. Subsequently, $B has gone through a 508.11% surge to attain the $0.2346 mark in terms of price.
DeFi TVL Jumps by 2.50%, Whereas NFT Sales Volume Plunges by 57.12%
Simultaneously, the DeFi sector is also experiencing Optimism with a 2.50% increase in its TVL that has reached $119.856B. Specifically, AAVE remains the top DeFi project based on TVL as it accounts for $24.937B. However, in the case of 1-day TVL increase, Tangible is the top player, denoting a 55598% upsurge.
On the other hand, the NFT market has seen a huge 57.12% dip in sales volume that has reached $15,708,004. In this respect, Courtyard is the top NFT collection with its sales volume comprising $2,512,420 after a 10.03% rise.
Michigan Unveils Crypto Bills as Germany Misses $2.3B Selling 49K BTC
Amid the wider bullishness in the crypto market, several positive developments have taken place. In this respect, Michigan policymakers have proposed 4 exclusive crypto-related bills. At the same time, the German government has missed a profit opportunity of $2.3B by selling 49,858 $BTC at $57,900. Moreover, the El Salvadoran President Nayib Bukele has responded to naysayers amid Bitcoin’s latest price upswing.
