Bitcoin & Altcoins Ignite Crypto Market Frenzy—Here’s Why Traders Are FOMOing In

Crypto’s big guns are firing on all cylinders. Bitcoin just smashed through another psychological barrier, dragging altcoins like Ethereum, Solana, and BNB into its gravity well. The result? A market-wide green wave that’s got even traditional finance bros glancing at their Bloomberg terminals.

### The Domino Effect: BTC Leads, Alts Follow

When Bitcoin sneezes, the rest of the market catches a cold—except this time, it’s a liquidity fever. ETH’s pushing toward its ATH, while SOL’s defying its 'ghost chain' rep with double-digit weekly gains. Meme coins? Don’t ask. (Or do—they’re somehow still alive.)

### The Hidden Catalyst: Institutional Money or Just Hopium?

BlackRock’s ETF inflows suggest Wall Street’s finally playing ball. Or maybe it’s just retail traders leveraging up before the next dump. Either way, the SEC’s silent treatment on approvals isn’t killing the vibe—yet.

### Cynic’s Corner: ‘This Time It’s Different’ (Again)

Sure, the charts look bullish. But let’s not forget: crypto’s version of 'risk management' is still just praying Elon doesn’t tweet. Proceed with caution—and maybe take profits before the next 'unforeseen' market event.

The crypto ecosystem has experienced a huge upsurge as Bitcoin ($BTC) and top altcoins like Ethereum ($ETH) are driving the bullish trajectory. In this respect, the cumulative crypto market capitalization has jumped by 2.83% to reach $4.17T.

In addition to this, the 24-hour crypto volume has touched $251.31B mark after a 13.54% increase. Complementing this, the Crypto Fear & Greed Index has spiked to 68 points, displaying strong “Greed” in the market.

Bitcoin Sees 2.63% Surge and Ethereum Goes Through 1.99% Rise

Particularly, Bitcoin ($BTC) is now trading at $122,302.94, indicating a 2.63% growth. Additionally, the market dominance of the top crypto asset accounts for 58.6%. Along with that, the flagship altcoin, ethereum ($ETH), is changing hands at $4,730.59, presenting a 1.99% rise in the meantime. Similarly, the market dominance of Ethereum ($ETH) has also touched 13.7%.

$SWOL, $SNAKES, and $LINA Lead Crypto Gainers

Simultaneously, the prominent crypto gainers take into account Snowy Owl ($SWOL), Blue Snakes ($SNAKES), and Linear Finance ($LINA). Specifically, $SWOL has seen a staggering 3604.94% upsurge to reach $0.00005146. Subsequently, $SNAKES has jumped by 1036.19% to reach $0.007142. Following that, $LINA has attained the $0.00005252 mark after a 906.12% increase.

DeFi TVL Jumps by 2.43% and NFT Sales Volume Records 1.33% Increase

In the same vein, the DeFi TVL has also witnessed a 2.43% jump to touch $159.91B. Additionally, the top DeFi project in terms of TVL, Lido, has gone through a 2.08% surge to reach $42.316B. However, in the case of 1-day TVL change, Defily Dex enjoys the top position with a stunning 185205% increase over twenty-four hours.

Apart from that, the NFT sales volume has seen a 1.33% spike to attain $24,047,792. Similarly, the top-selling NFT collection, CryptoPunks, now stands at $2,412,015 after a 1.48% rise.

Coinbase Loses $300K in MEV Exploit, and Tron Founder Sues Bloomberg

Overall, the crypto market has seen several developments across the globe. In this respect, Coinbase has reportedly lost $300K in a recent MEV exploit following unintentionally granting spending permission to an exposed contract.

Moreover, Justin Sun, the founder of the TRON network, has filed a lawsuit against Bloomberg to stop it from publishing his crypto holdings’ sensitive details. Furthermore, Trump-linked platform “Thumzup Media Corporation” has disclosed plans to broaden its presence in the crypto landscape after a $50M funding round.