Greed Fuels Crypto Surge: Market Soars as Traders Chase Gains in Broad Rally
Crypto markets are riding a wave of euphoria—again. Bitcoin and altcoins spike as speculative fever grips traders, proving Wall Street's 'this time it's different' mantra remains as hollow as ever.
The FOMO Engine Revs Up
Digital assets ripped higher today, with greed eclipsing fear in a classic bull-market pivot. Meme coins, DeFi tokens, and blue-chip cryptos all caught bids—no fundamentals required.
Liquidity Tsunami
Market makers are feasting on volatility while retail traders pile in late (as usual). The rally's sustainability? That's tomorrow's problem—today belongs to the degens.
Cynical Take
Another cycle, another round of bagholders-in-training. At least the blockchain doesn't judge your risk management—or lack thereof.
The crypto market has witnessed considerable gains over the past twenty-four hours, as shown by the notable crypto assets. In this respect, the total crypto market capitalization has touched the $3.77T mark after a 1.46% increase. In addition to this, the 24-hour crypto volume has surged by 0.01% to reach $196.78B. Concurrently, the crypto Fear & Greed index shows significant “Greed” while accounting for 70 points.
Bitcoin Surges by 0.70% and Ethereum Climbs by 6.94%
Particularly, Bitcoin ($BTC) is trading at $118,487.59, indicating a 0.70% increase over twenty-four hours. Along with this, the market dominance of the flagship crypto asset now stands at 62.3%. In the same vein, ethereum ($ETH) is changing hands at $3,348.37, signifying a 6.94% upsurge. Additionally, Ethereum’s market dominance is up to 10.7% at present.
$BPX, $GROK, and $HOOD Dominate Crypto Gainers
Apart from that, Black Phoenix ($BPX), SORA GROK ($GROK), and Robinhood ($HOOD) are dominant in the list of crypto gainers. Hence, $BPX is at the top with a staggering 37.15% price increase, reaching $2.64. Subsequently, $GROK accounts for a 516.37% rise to touch $2.13. After that, with a 593.12% increase, $HOOD is now trading at $0.0006932.
DeFi TVL Spikes by 2.56% and NFT Sales Volume Jumps by 25.47%
Similarly, the DeFi TVL has jumped by 2.56% over 24 hours to reach $132.744B. Specifically, Lido is the top DeFi project in the case of TVL, as it has climbed to $30.556B following a 6.55% surge. Nonetheless, when it comes to a 1-day TVL increase, Tangible is the leading player with a 65829% spike.
Just like that, the NFT sales volume has also witnessed a 25.47% increase, attaining the $26,751,906 mark. Additionally, “f(x) WSTETH position” is the top-selling NFT collection, underscoring a 1139.38% upsurge to touch $2,951,386 in sales volume.
U.S. House Advances Notable Crypto Bills, While Trump’s WLFI Plans to Offer Trading and Governance
Overall, the crypto market has also recorded several other influential developments over twenty-four hours. Hence, the U.S. House has cleared the procedural phase for notable crypto bills, including the Clarity Act, the Anti-CBDC bill, and the GENIUS Act.
Moreover, the WLFI project of Donald TRUMP has gained 99.94% “yes” votes to offer the governance token, $WLFI, for trading. Furthermore, Bank of America’s CEO has asserted that the bank is readying to enter become a part of the stablecoin sector amid the significant developments to bring regulatory clarity.
