The Crypto Landscape Is Going Through a Continuous Upswing

The crypto landscape is going through a continuous upswing, with top crypto assets like Bitcoin ($BTC) reflecting it in their price.

The crypto landscape is heating up as top crypto assets like Bitcoin (BTC) continue to surge in price. The total crypto market cap has reached $3.5T, showing a 3.35% jump over the past twenty-four hours.

Additionally, the 24-hour crypto volume has surged by 61.07% to touch $192.82B while the Fear & Greed Index stands at 73 points, indicating significant "greed."

Bitcoin Outcompetes Former ATH to Set New High at $111,861.22 as DEFI TVL Surges

Bitcoin (BTC) has recently outcompeted its former all-time high price level of $109K, setting new ATH at $111,861.22. The current price of Bitcoin is $111,362.11, denoting a 26.37% increase over 24 hours, while its market dominance has reached 63.3%.

Apart from that, Ethereum (ETH) has also recorded a 2.20% spike to reach $2,622.34 in terms of price. Concurrently, its market dominance is nearly 9.1%.

Top Crypto Gainers: $FTW, $ASM, and $B

Among top crypto gainers of the day, Black Agnus (FTW), AsMatch (ASM), and BUILDon (B) are prominent. Particularly, FTW has seen a staggering 1622.60% rise, reaching $0.00000006523.

Similarly, ASM’s price has reached $2.22 after a 1381.92% increase. Subsequently, B has gone through a 508.11% surge to attain the $0.2346 mark in terms of price.

DeFi TVL Increases By 2.50%

Simultaneously, the DeFi sector is also experiencing optimism with a 2.50% increase in its TVL that has reached $119.856B. Specifically, AAVE remains the top DeFi project based on TVL as it accounts for $24.937B. However, in the case of 1-day TVL increase, Tangible is the top player, denoting a 55598% upsurge.

On the other hand, the NFT market has seen a huge 57.12% dip in sales volume that has reached $15,708,004. In this respect, Courtyard is the top NFT collection with its sales volume comprising $2,512,420 after a 10.03% rise.

Michigan Lawmakers Propose 4 Crypto-Related Bills

Amid the wider bullishness in the crypto market, several positive developments have taken place. In this respect, Michigan policymakers have proposed 4 exclusive crypto-related bills. At the same time, the German government has missed a profit opportunity of $2.3B by selling 49,858 BTC at $57,900. Moreover, the El Salvadoran President Nayib Bukele responded to naysayers amid Bitcoin’s latest price upswing.