Crypto Landscape Surges Above $2.66T As Bitcoin Reclaims $80K

The worldwide crypto sphere is making noteworthy progress in line with the latest 24-hour data. Hence, the total crypto market capitalization has exceeded the $2.66T mark, showing a 2.62% increase. In addition to this, the 24-hour crypto volume is currently standing at $120.33B, displaying a 43.88% rise. In the meantime, the Crypto Fear & Greed Index now accounts for 49 points, indicating a “Neutral” sentiment among the market participants.

Bitcoin ($BTC) Jumps to $80K, and Ethereum ($ETH) Sees 3.99% Rise

Particularly, the leading cryptocurrency, Bitcoin ($BTC), has reclaimed the $80K figure and is now trading at $80,287.92. This price level highlights a 2.75% increase while the market dominance of Bitcoin ($BTC) is 60.4%. In addition to this, the flagship altcoin, Ethereum ($ETH), is now changing hands at $2,392.70, underscoring a 3.99% growth. In the meantime, Ethereum’s ($ETH) market dominance sits at 10.8%.

$GPM, $TTPA, and $BULLISH Dominate Crypto Gainers of Day

Apart from that, the list of today’s notable crypto gainers includes Gold Pump Meme ($GPM), TRUMPTOPIA ($TTPA), and Bullish Degen ($BULLISH). Specifically, $GPM has surged by a staggering 2014.51%, reaching the price level of $0.01099. Following that, $TTPA is now hovering around $0.06250, presenting a 1041.05% increase. Subsequently, a 114.64% spike has placed $BULLISH’s price at $0.003271.

DeFi TVL Records 0.34% Increase and NFT Sales Volume Spikes by 13.71%

Simultaneously, the DeFi TVL has witnessed a 0.34% increase, touching the $85.093B spot. In addition to this, the top DeFi project in terms of TVL, Lido, is 2.54% up while accounting for $21.412B. Nonetheless, when it comes to 1-day TVL change, ZenyDex is the leading DeFi project, claiming a stunning 6307% increase over the past twenty-four hours.

Similarly, the NFT sales volume has also undergone a notable increase of 13.71%, touching $5,916.650. On the other hand, the top-selling NFT collection, Courtyard, has dropped by 14.59%, hitting $843,542.

Strategy Halts 7-Day $BTC Buyouts Before Q1 Earnings Report and Brazil Bans Cross-Border Crypto Payments

Concurrently, the crypto market has also seen many other crucial developments across the globe over 24 hours. In this respect, Bitcoin’s ($BTC) spike above $80K has led to a huge $105M wipeout in short positions. Moreover, Strategy, the top Bitcoin ($BTC) holder in the corporate sector, halted 7-day $BTC buyouts before the release of Q1 earnings. Furthermore, Brazil has blocked the use of crypto assets for payments across borders.