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Home » Crypto Market Hits $2.7T Amid Positive Performance Across Leading Assets
Crypto Market Hits .7T Amid Positive Performance Across Leading Assets

Crypto Market Hits $2.7T Amid Positive Performance Across Leading Assets

May 12, 20263 Mins ReadNo Comments Altcoins
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The worldwide crypto market has witnessed a notable growth over the past 24 hours. Hence, the total crypto market capitalization has hit the $2.7T mark, reflecting a 0.33% rise. In addition to this, the 24-hour crypto volume has jumped by 68.22%, reaching $98.01B. At the same time, the Crypto Fear & Greed Index accounts for 50 points, showing “Neutral” sentiment among the market participants.

Bitcoin Rises by 0.53%, While Ethereum Sees 1.0% Dip

The top cryptocurrency, Bitcoin ($BTC), is now changing hands at $81,209.33. This price level indicates a 0.53% increase while the market dominance of Bitcoin ($BTC) is 60.0%. On the other hand, the flagship altcoin, Ethereum ($ETH), has dropped by 1.00%, touching the current price level of $2,311.08. In the meantime, Ethereum’s ($ETH) market dominance stands at 10.4%.

$BPX, $BEER, and $TSLA Dominate Crypto Gainers of Day

Apart from that, the top crypto gainers of the day include Black Phoenix ($BPX), Beers ($BEER), and Tesla ($TSLA). Specifically, $BPX has gone through a staggering 3356.67% increase, hitting the $0.1310 mark in price. Following that, $BEER is now hovering around $21.06, expressing a 609.78% rise. Subsequently, a 451.66% surge has placed $TSLA’s price at $68.07.

DeFi TVL Drops by 0.94% Whereas NFT Sales Volume Surges by 3.58%

Simultaneously, the DeFi TVL has plunged by 0.94%, attaining the $85.86B spot. Additionally, the top DeFi project in terms of TVL, Lido, is 0.85% down at $20.286B. Nonetheless, when it comes to 1-day TVL change, cytoswap enjoys the top position in the DeFi landscape, accounting for a stunning 2833% spike over the past twenty-four hours.

In the same vein, the NFT sales volume has climbed by 3.58% to reach $6,841,322. Similarly, the top-selling NFT collection, Courtyard, is 5.34% up at $852,922.

INK Finance Loses $140K after Whitelist Bypass Hack, Aptos Develops Transfer Layer to Eliminate Frontrunning

Concurrently, the crypto industry has also recorded many other crucial developments over the past 24 hours. In this respect, INK Finance has lost $140K as a whitelist bypass hack has targeted the platform’s treasury infrastructure. Moreover, Aptos is developing a transfer layer that could eliminate frontrunning forever. Furthermore, Ark Invest of Cathie Wood has purchased Circle shares worth $5.5M across 3 ETFs amid a stock surge of 16%.

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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