Crypto Market Defies Volatility: Major Assets Surge Toward Stability

Crypto's proving Wall Street wrong—again. While traditional markets wobble, Bitcoin and blue-chip alts are posting steady gains like clockwork. Here's why this isn't your 2021 bubble rerun.

The Big Guns Flex

BTC holds above $60K like it's child's play—no flash crashes, no panic sells. Ethereum's gas fees? Still ridiculous, but developers aren't fleeing. Meanwhile, institutions keep stacking SATs like there's no tomorrow.

Altcoin Contenders Step Up

Solana's uptime streak hits 200 days (take that, 'ETH killers'). Even Dogecoin's got a 15% weekly bump—because apparently Elon's tweets still move markets. Who needs fundamentals?

The Ironic Twist

Gold bugs weep as crypto becomes the 'safe haven.' BlackRock's ETF inflows outpace most hedge funds. And yes, your bank still thinks blockchain is 'just for drugs.'

This isn't stability—it's dominance. The only question left: When do the boomers finally FOMO in?

The crypto market is now presenting a relatively stable outlook as seen in the prices of the top crypto assets. Thus, the overall crypto market capitalization has reached $3.28T as a result of a 1.22% increase over past 24 hours. However, the 24-hour crypto volume has witnessed a 23.05% dip to reach $113.91B. Along with that, the crypto Fear & Greed index displays a neutral status at 48 points.

Bitcoin and Ethereum See 1.14% and 1.24% Price Jumps

Bitcoin ($BTC) has jumped to the $106,180.83 mark in terms of price. This price level accounts for a 1.14% surge. In addition to this, the flagship cryptocurrency’s market dominance stands at 64.5%. Concurrently, ethereum ($ETH) has recorded a 1.24% price jump, due to which it is now changing hands at $2,435.86. At the same time, it has a market dominance of 9.0%.

$NEWT, $BANANAS13, and $SYRUP Dominate Daily Crypto Gainers

Simultaneously, the top crypto gainers of the day include $NEWT, $BANANAS31, and $SYRUP. In this respect, $NEWT has gone through a 55.93% surge to reach $0.4678. Additionally, $BANANAS31 has touched $0.014813 after a 43.19% jump. Following that, $SYRUP has recorded a 17.94% rise to attain the $0.5923 mark.

DeFi TVL Surges by 1.58% While NFT Sales Volume Drops by 2.80%

Apart from that, the DeFi sector has also displayed a 1.58% upsurge in its TVL that has now reached $111.7B. Additionally, with a 1.43% increase, the top DeFi project, AAVE, accounts for $24.784B in TVL. Nonetheless, while taking into account 1-day TVL change, Tangible stays atop others, denoting a 63926% rise in TVL over 24 hours.

On the other hand, the NFT sales volume has declined by 2.80%, reaching $17,275,416. Even then, Courtyard, the top NFT collection, has beheld a 12.48% increase to reach $2,283,933 in sales volume.

U.S. Senators Miss Crypto Hearing, Whereas Chainlink Records 13% Increase

While the Middle East tension has calmed down, several other noteworthy crypto-related developments have taken place recently. Specifically, several U.S. Senators have skipped a key hearing on crypto policymaking that was conducted under Republican Senator Cynthia Lummis, raising substantial doubts.

 Moreover, chainlink ($LINK) has recorded a huge 13% rise over past twenty-four hours following the announcement of collaboration with Mastercard.