Altcoin Surge Fuels Crypto Market Resilience as Greed Dominates Sentiment
Crypto bulls are back in charge—and they're hungry. The market shrugs off volatility as altcoins rally hard, pushing sentiment into outright 'greed' territory. Here's why traders are doubling down.
The altcoin effect: Small caps eat Bitcoin's lunch
While BTC flatlines, Ethereum killers and DeFi tokens post double-digit gains. Retail FOMO meets institutional accumulation—classic bull market behavior.
Greed gauge flashing red (in a good way?)
The Crypto Fear & Greed Index hits levels last seen before the 2024 breakout. Either we're early... or about to witness the mother of all sell-offs. Place your bets.
Wall Street analysts scramble to justify price targets they mocked six months ago. Meanwhile, degens stack shitcoins like they're going out of style—which, statistically speaking, they probably are.
The crypto landscape is continuously growing as the altcoin market is driving the investor sentiment. As per the latest market statistics, the overall crypto market capitalization has reached the $3.88T mark after a 0.13% increase over past 24 hours. However, the 24-hour volume has dipped by 41.76% to touch $131.36B. At the same time, the crypto Fear & Greed index has attained 68 points, denoting notable “Greed” among the investors.
Bitcoin Drops by 0.36% While Ethereum Sees 1.38% Rise
Particularly, Bitcoin ($BTC) has seen a 0.36% decrease over 24 hours that has pushed its price down to $117,893.93. Additionally, the market dominance of the flagship crypto asset has also dropped to 60.65%. On the other hand, ethereum ($ETH) has jumped to $3,640.66 in terms of price, presenting a 1.38% upsurge. Along with that, the top altcoin’s market dominance has also climbed to 11.4%.
$BPX, $SNL, and $BTB Dominate Crypto Gainers
Simultaneously, the prominent crypto gainers include Black Phoenix ($BPX), Snow Leopard ($SNL), and BitBall ($BTB). In this respect, $BPX has recorded a 3489.14% increase over 24 hours to reach $2.74. Subsequently, $SNL is now changing hands at $0.0000001478, indicating a 2888.98%. Following that, $BTB’s price is $0.001276 as a result of a 1150.79% growth in the meantime.
DeFi TVL Surges by 1.79%, Whereas NFT Sales Volume Plunges by 22.23%
Apart from that, the cumulative crypto TVL has recorded a 1.79% jump to attain the $139.108B spot. Additionally, Lido, the top DeFi project in terms of TVL, has seen a 1.26% increase over 24 hours, touching $32.989B. However, when taking into account a 1-day TVL upsurge, Tangible has claimed the top position, accounting for a 65726% increase over twenty-four hours.
Contrarily, the non-fungible token (NFT) sales volume has declined to $17,267,242 after a 22.23% dip. In the same vein, the top-selling NFT collection, f(x) WSTETH position, has also experienced a 19.41% decrease, reaching $1,522,384.
CoinDEX Hit by $44M Breach, GENIUS Act Slammed as ‘CBDC Trojan’ by U.S. Lawmaker
Overall, the crypto market has also witnessed many other advancements. Specifically, CoinDCX has gone through a $44M exploit amid an internal wallet breach. Moreover, 21Shares has applied for the authorization of 2 latest crypto index ETFs.
Furthermore, the U.S. policymaker, Representative Taylor Greene, has condemned the GENIUS Act, labeling it as a dangerous CBDC Trojan horse that will allegedly implement a forced agenda to lead a state-backed CBDC.
