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Crypto Market Records Upsurge Amid Regulatory and Geopolitical Optimism
By: blockchainreporter|2025/05/07 19:00:10
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The crypto market has expressed a robust upward momentum during the past 24 hours. In line with the new market data, the cumulative market capitalization has touched $3.11T with a 1.63% increase while the 24-hour spot volume shows a 13.7% rise at $46.91B Apart from that’s the Fear & Greed Index has jumped to 67, indicating notable greed.Bitcoin and Ethereum Witness 2.15% and 1.17% Price IncreasesParticularly, Bitcoin ($BTC) is among the leading crypto tokens with a noteworthy 2.15% increase. Its current price is hovering around $96,523, while its market dominance has surged by 0.50% to reach 61.56%. In addition to this, Ethereum ($ETH) has also seen a profit of 1.17% as its price has touched $1,827. However, its dominance has touched 7.08% after a 0.46% decrease.$ALPACA and $LTC Lead Crypto Gainers with 36.1% and 11.7% SurgesThe key gainers among the small and large-cap crypto assets are $ALPACA and $LTC. They reportedly account for $0.242 and $92.18, denoting 36.1% and 11.7% growth over 24 hours. Along with that, their market caps have attained the $35.8M and $7.01B respectively.DeFi TVL Dips by 0.89% While NFT Lanscape Sees a 6.21% Rise in Sales VolumeNevertheless, the TVL of the DeFi sector has dipped by 0.89% to reach the $100.187B mark. Moreover, AAVE has taken the top rank among the DeFi protocols as its TVL has attained the $20.35B. Nonetheless, with a +159907% rise zkBoost has gained the peak position in terms of 24-hour TVL growth. Along with that, the NFT sector has jumped by 6.21% in sales volume, accounting for $15,489,502. Specifically, Courtyard is atop NFT collections with its sales volume reaching $2,114,046 irrespective of 22.49%.Trump’s $USD1 Airdrop Begins as New Hampshire Approves Bitcoin Reserve Bill.Additionally, the recent top crypto funding rounds include DogeOS, Litheum, and Sentora, pocketing $6.9M, $750K, and $25M respectively. Simultaneously, in a notable market development, Donald Trump’s World Liberty Financial has started snapshot vote for the $USD1 airdrop. Moreover, Bitwise has requested the U.S. SEC for the launch of $NEAR ETF. Furthermore, New Hampshire has become the 1st state in the U.S. to authorize a ‘Strategic Bitcoin Reserve’ bill.
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