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The cryptocurrency market rebounded, with major assets recording significant gains, and the crypto industry also saw many other important developments worth noting worldwide in the past 24 hours.
The past 24 hours have witnessed a significant rebound across the entire cryptocurrency industry. As a result, 24-hour cryptocurrency trading volume surged an astonishing 23.11%, reaching the $84.98 billion mark. However, the total cryptocurrency market capitalization experienced a slight decline of 0.54%. Meanwhile, the Crypto Fear & Greed Index stands at 35 points and is striving to quickly enter the “Fear” zone.
Bitcoin ($BTC) rose by 4.37%, Ethereum ($ETH) increased by 6.38%
The flagship crypto asset Bitcoin ($BTC) is currently trading around $71,754. This price level indicates a 4.37% increase, with Bitcoin’s market dominance at 58.5%. Additionally, leading altcoin Ethereum ($ETH) is currently trading at a high of $2,244.52, up 6.38%. At the same time, ETH’s market dominance accounts for nearly 10.8%.
$CATX, $DOGO, and $PENGU lead the day’s crypto gainers
Furthermore, the top gainers among cryptocurrencies today include CATX ($CATX), DOGO ($DOGO), and PENGU AI ($PENGU). Notably, $CATX skyrocketed by an incredible 2198.56%, with the price approaching $0.00001354. Following that, $DOGO surged by 1589.11%, pushing its price to $0.000002408. Then, after a 1450.65% rally, $PENGU’s price hovers around $0.004015.
DeFi TVL soars by 3.76%, NFT trading volume sees 13.20% growth
Meanwhile, the total value locked (TVL) in DeFi increased by 3.76%, reaching the $95.484 billion mark. Additionally, among the top DeFi projects by TVL, Aave rose by 3.88%, totaling $25.282 billion. Similarly, in terms of 1-day TVL change, LogX is leading the DeFi space, indicating an 841% surge over the past 24 hours.
Likewise, NFT trading volume increased by 13.20%, reaching $7,908,268. Moreover, the highest-selling NFT series Courtyard currently holds $2,206,484, representing a 112.05% increase.
Morgan Stanley launches BTC ETF, FDIC accelerates stablecoin regulation
Next, the crypto industry has also seen many other notable developments worldwide in the past 24 hours. In this regard, Morgan Stanley has officially launched a $BTC ETF on the NYSE. Additionally, the FDIC has advanced the rulemaking process for stablecoin policies under the “GENIUS Act” (targeted at issuing entities). Meanwhile, due to concerns about potential future cyberattacks, Anthropic has limited the scope of its AI model’s influence.
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