The crypto landscape is witnessing a gradual recovery, as the latest data suggests. Thus, the total crypto market capitalization has surged by 2.95% to reach $2.26T. However, the 24-hour crypto volume has dipped 10.71%, reaching $93.16B. In the meantime, the Crypto Fear & Greed Index is standing at 11, showing “Extreme Fear” among the market participants.
Bitcoin ($BTC) Surges by 3.20% and Ethereum ($ETH) Sees 3.82%
Specifically, the top crypto asset, Bitcoin ($BTC), is now trading at $65,486.68. This price level indicates a 3.20% increase while the market dominance of the leading crypto asset is 58.0%. Additionally, the flagship altcoin, Ethereum ($ETH), is now changing hands at $1,905.58, signifying a 3.82% rise. In the meantime, the market dominance of $ETH sits at 10.2%.
$TSLA, $PENGU, and $PEPE Lead Top Crypto Gainers of Day
Apart from that, the list of today’s key crypto gainers includes Tesla ($TSLA), PENGU AI ($PENGU), and PEPE AI ($PEPE). Particularly, $TSLA has jumped by a staggering 1595.06%, touching $35.63. Additionally, $PENGU is now hovering around $0.002643 after a 1396.71% increase. Subsequently, a 1183.28% spike has pushed $PEPE’s price to $0.0005596.
DeFi TVL Jumps by 1.27% While NFT Sales Volume Plunges by 22.74%
Simultaneously, the DeFi TVL has increased by 1.27%, hitting the $92.682B mark. Additionally, the top DeFi project in terms of TVL, Aave, accounts for $26.368B after a 2.78% jump. However, when it comes to 1-day TVL change, FerdyFlip presents a stunning 486039% increase over the past twenty-four hours.
On the other hand, the NFT sales volume has dropped by 22.74% to reach $8,265,228. In the same vein, the top-selling NFT collection, Flying Tulip PUT, is 75.33% down at $1,722,926.
South Korean Jailed Over Crypto Dispute, Switzerland to Vote on Cash Protection
Moving on, the crypto industry has also seen several other key developments over 24 hours across the globe. In this respect, a South Korean person, who allegedly poisoned a business partner over crypto losses, is sentenced to jail.
Moreover, Switzerland is ready to officially vote on a proposal protect the cash availability. Furthermore, a Pump Private investor has sold his holdings in the $PUMP token at substantial loss following 8 months.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Former Ripple CTO confirms that destroying escrowed XRP does not drive the price, with Ripple outperforming XLM in the market.
Ripple's Chief Technology Officer David Schwartz points out that burning escrowed XRP tokens would not significantly boost the price, and provides historical data of XLM burns as evidence. He emphasizes that market prices depend more on supply and demand dynamics and investor confidence, rather than mere token burning. This perspective may influence XRP community expectations, prompting attention to actual market demand.
GateNews11m ago
AI Data Center Power Revenue Reaches Up to 8 Times Mining Returns, Multiple Mining Firms' Transformation Sparks Bitcoin Network Security Controversy
Artificial intelligence's increased demand for electricity has raised concerns about Bitcoin mining security. Since AI data centers generate higher revenue per megawatt of power than Bitcoin mining, mining companies are shifting toward AI. Crypto traders believe this could lead to a decline in Bitcoin's hash rate, increasing the risk of network attacks. However, Bitcoin developers argue that the difficulty adjustment mechanism will attract miners back to the network.
GateNews15m ago
XRP Demand Cools: Trading Volume Plummets 27%, ETF Outflows Continue, Burn Controversy Resurfaces
Recently, XRP market demand has cooled, with obvious signs of declining trading volume and capital outflows. Weekly trading volume has dropped 27.5% since February. Although Ripple is expanding its business and XRP prices have risen slightly, the overall trend remains volatile. Investor attention to new market catalysts may influence future demand and trading activity levels.
GateNews59m ago
Bittensor Subnet Completes 72 Billion Parameter LLM Pretraining, TAO Rises 54.8% in Two Weeks
Bittensor subnet Templar completed pretraining of Covenant-72B, a decentralized language model with 72 billion parameters, on March 10th. The model demonstrated excellent performance on MMLU tests, surpassing multiple centralized baseline models. The project attracted collaboration from over 70 nodes, with all weights and checkpoints released under the Apache License. Following this news, Bittensor and its token experienced broad gains.
GateNews1h ago
Surgence Labs: a16z-Backed Project's TVL Breaks $100 Million in Days, Token Oversubscription Doubles
Surgence Labs reveals its operating model and success cases, including a DeFi project with TVL breaking $100 million in days and token oversubscription of 28x. Despite crypto startups reaching record financing, user growth remains limited by lack of distribution channels, funding dependency, regulatory uncertainty, and technical barriers. The institution emphasizes neutrality to avoid conflicts of interest and provides market entry support.
MarketWhisper1h ago
Bitcoin Breaks Through $74,000 Resistance Level, Crypto Market Strengthens Collectively, ETH and SOL Lead Weekly Gains
On March 16, the crypto market continued to rise, with Bitcoin surpassing $74,000, up 2.9% in 24 hours. Ethereum and Solana showed larger gains, indicating capital flowing toward higher-risk crypto assets. An improving macroeconomic environment provided market support, with falling oil prices and a weakening dollar aiding liquidity release. The market is focused on the upcoming Federal Reserve meeting, which could impact future interest rate expectations.
GateNews1h ago
