Crypto market shows cautious optimism as Bitcoin ($BTC) and Ethereum ($ETH) rise, DeFi and NFTs surge, and major hacks and institutional moves shape sentiment.Crypto market shows cautious optimism as Bitcoin ($BTC) and Ethereum ($ETH) rise, DeFi and NFTs surge, and major hacks and institutional moves shape sentiment.

Crypto Market Shows Mixed Results Amid Cautious Optimism

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The global cryptocurrency landscape is undergoing cautious optimism with slight upward progress. Hence, the overall crypto market capitalization has touched $3.12T after a 0.38% rise over the past 24 hours. However, the 24-hour crypto volume has dropped by 27.60%, hitting $107.11B. At the same time, the Crypto Fear & Greed Index has also shifted from “Extreme Fear” to “Fear” zone while accounting for 20 points.

Bitcoin Rises by 0.15% and Ethereum Sees 0.75% Surge

Apart from that, the top cryptocurrency, Bitcoin ($BTC), stands at $9,643.40. This price highlights a minor 0.15% increase while the market dominance of Bitcoin ($BTC) sits at 58.7%. Additionally, Ethereum ($ETH) is changing hands at $3,024.13, signifying a 0.75% increase. In the meantime, the market dominance of the flagship altcoin is up to 11.7%.

$BPX, $TDROP, and $TSLA Dominate Crypto Gainers of Day

Simultaneously, today’s top gainers in the crypto market include Black Phoenix ($BPX), ThetaDrop ($TDROP), and Tesla ($TSLA). Thus, $BPX has jumped by a staggering 4687.02%, with its price reaching $1.42. Subsequently, $TDROP’s is now trading at $0.03267, presenting a 4233.69% spike. Additionally, while hovering around $18.73, $TSLA denotes a 1547.89% price rise.

DeFi TVL Records 1.51% Spike and NFT Sales Volume Shows 17.73% Jump

In the same vein, the DeFi TVL has risen by 1.51%, touching $122.314B. Specifically, the top DeFi project in the case of TVL, Aave, has dropped by 0.17% to reach $32.492B. Contrarily, when it comes to 1-day TVL change, the top player in the DeFi sphere is pSTAKE Finance, claiming a stunning 35323619% increase over the past twenty-four hours.

Similarly, the NFT sales volume has also recorded a 17.73% surge, reaching $12,135,864. Adding to this, the top-selling NFT collection Algebra Positions NFT-V2 has seen a 113.52% spike, attaining $1,216,317.

Upbit Loses 44.5B in Allegedly Lazarus-Led Breach, Whereas BitMine Adds $44M more in $ETH

Moving on, the crypto sector has also witnessed many other influential developments around the world. In this respect, Upbit has again experienced a breach, with notorious Lazarus group allegedly stealing away up to 44.5B KRW.

Moreover, BitMine has purchased $44M in $ETH, showing a notably bullish stance. Furthermore, Vietnam is moving forward toward the Chinese-developed 5G equipment while U.S. tariffs are considerably rising.

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