The cryptocurrency market has witnessed cautious optimism over the past 24 hours. Hence the total Crypto market The market capitalization increased by 1.41% to reach $2.18 trillion. However, the 24-hour cryptocurrency trading volume stands at $75.43 billion, showing a decline of 2.16%. At the same time, the Cryptocurrency Fear and Greed Index stands at 18 points, indicating “extreme fear” among market participants.
Bitcoin jumps by 1.81% and Ethereum rises by 1.54%
The main cryptocurrency, Bitcoin ($BTC), is currently trading at $63,684.27. This price level highlights a 1.81% rally while Bitcoin (BTC) market dominance stands at 58.5%. Additionally, the leading altcoin, Ethereum (ETH), is now trading at $1,675.56, showing a 1.54% upside. Meanwhile, Ethereum (ETH) market dominance stands at 9.3%.
$VU and $USDR lead today’s crypto gainers
If we talk about the top gainers in the crypto space today, they are Velvet Unicorn by Virtuals ($VU) and StablR USD ($USDR). In particular, $VU jumped by a staggering 288.74%, reaching the $0.001556 mark. After that, 118.91% set the price of the US dollar at $1.46. After that, the price of $哭哭马 is now hovering around $0.004855, after an increase of 82.88%.
DeFi TVL volume increased by 2.58% and NFT sales volume recorded an increase of 18.4%
DeFi TVL rose 2.58%, reaching the $71.42 billion mark. In addition, Lido, the top DeFi project in terms of TVL, saw an increase of 1.80%, reaching $14.932 billion. However, when it comes to changing TVL by one day, VisionBoard vault It holds the first position in the DeFi market, showing a jump of 32,972% over the past 24 hours.
In the same vein, NFT sales volume saw a staggering 18.4% increase, reaching $1,723,726. Besides, Courtyard.io is the leading NFT pool in terms of 24-hour trading volume, reaching $415,201.
Visa eyes independent commerce growth as Japan cuts taxes on cryptocurrencies
Moving forward, the cryptocurrency industry has also seen several other major developments around the world over the past 24 hours. In this regard, Visa revealed plans to serve as an effective trust layer for autonomous commerce, integrating $7 billion in stablecoin settlement and AI agent verification.
Furthermore, Hong Kong has tightened regulations for mainland investors regarding cross-border fund flows. Furthermore, Japan allowed a bill to reduce taxes on BTC and $ETH from 55% to just 20%.
