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Home » Crypto Market Surpasses $3.3T, With Ethereum Outcompeting Bitcoin In Daily Profits
Crypto Market Surpasses .3T, With Ethereum Outcompeting Bitcoin In Daily Profits

Crypto Market Surpasses $3.3T, With Ethereum Outcompeting Bitcoin In Daily Profits

June 3, 20253 Mins ReadNo Comments Altcoins
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The crypto landscape has recently made a substantial upward move. The exclusive market data reveals that the total crypto market capitalization has reached $3.32T following a 1.41% surge. Additionally, the 24-hour volume of the crypto market has jumped by 27.42% to reach the $113.35B mark. However, the crypto Fear & Greed index remains neutral at 58 points.

Ethereum Sees 4.68% Rise, Outpacing Bitcoin’s 0.53% Gains.

Bitcoin ($BTC) is currently changing hands at $105,363.96, signifying a 0.53% increase over past 24 hours.  In addition to this, the flagship cryptocurrency accounts for a market dominance of 63.2%. Apart from that, Ethereum ($ETH) is trading at $2,608.47. This presents a 4.68% increase, surpassing Bitcoin in daily gains. Along with that, Ethereum’s market dominance is nearly 9.5%.

$BVT, $FTW, and $DOGS Lead Prominent Crypto Gainers

Concurrently, BovineVerse Token ($BVT), Black Agnus ($FTW), and HARRIS DOGS ($DOGS) are atop the crypto gainers of the day. Particularly, $BVT has surged by 1687.67% to reach $0.1290. Subsequently, $FTW has touched $0.00000006266, denoting a 1664.30% rise. Following that, $DOGS account for a 604.66% jump at $0.00004499.

DeFi TVL Plunges by 0.38% while NFT Sales Volume Surges by 16.38%

On the other hand, the DeFi total value locked has dipped by 0.38% to reach $113.268B mark. Specifically, AAVE stands above the DeFi protocols, with its TVL reaching $25.139B after a 2.61% 24-hour rise. However, Brise Swap enjoys the dominating position in terms of 1-day TVL change after a 19292003062782 24-hour TVL spike.

Nevertheless, the NFT sales volume has recorded a 16.38% increase to reach $13,061,615. In this respect, the top NFT collection is Courtyard, displaying a 63.95% upsurge in sales at $1,828,309 in sales volume.

Robinhood Purchases Bitstamp, whereas Australia Implements New Restrictions on Crypto ATMs

Overall, the crypto market is going through noteworthy developments around the world. Particularly, Robinhood has acquired Bitstamp for $200M to further expand its global reach. Additionally, the Australian authorities have imposed a A$5,000 restriction on cash withdrawals and deposits for crypto ATMs to cope with rising scams.

Moreover, the OSL Group, which is listed in Hong Kong, has agreed to buy a ninety percent stake in Evergreen Crest, an Indonesian cryptocurrency exchange to broaden its reach in Southeast Asia.

Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.

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