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Home » Crypto Market Sees Slight Recovery Amid Growing War-Led Tensions
Crypto Market Sees Slight Recovery Amid Growing War-Led Tensions

Crypto Market Sees Slight Recovery Amid Growing War-Led Tensions

March 3, 20263 Mins ReadNo Comments Altcoins
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The crypto sector is surprisingly making a recovery, irrespective of the escalating war between the United States and Iran. Hence, the crypto market capitalization has jumped by 1.51%, hitting the $2.33T mark.

In addition to this, the 24-hour crypto volume has touched the $126.03B mark after a 36.01% increase. Along with that, the Crypto Fear & Greed Index has surged above the “Extreme Fear” zone to enter “Fear” territory while accounting for 20 points.

Bitcoin Surges by 2.03% and Ethereum Sees 1.42% Increase

Particularly, the leading crypto asset, Bitcoin ($BTC), is currently changing hands at $68.018.23. This price level indicates a 2.03% increase while $BTC’s market dominance sits at 58.4%. Additionally, the flagship altcoin, Ethereum ($ETH), is now trading at $1,998.74, presenting a 1.42% surge. In the meantime, the market dominance of $ETH stands at 10.4%.

$BPX, $DOGS, and $HBTC Dominate Crypto Gainers of Day

Apart from that, the list of top crypto gainers of the day includes Black Phoenix ($BPX), HARRIS DOGS ($DOGS), and Hold BTC ($HBTC). Specifically, $BPX has surged by a staggering 2981.89%, reaching $0.1285. Subsequently, $DOGS shows a 1395.45% increase in price to hit $0.2659. Following that, $HBTC is now trading at $0.000003203, displaying a 89324% increase.

DeFi TVL Records 2.10% Jump and NFT Sales Volume Undergoes a 48.32% Spike

Simultaneously, the DeFi sector has recorded a 2.10% TVL spike, attaining the $94.863B mark. Additionally, the top DeFi project in terms of TVL, Aave, has witnessed a 2.18% jump, touching $27.155B.

However, when it comes to 1-day TVL change, WoofSwap has emerged as the leading DeFi player, accounting for a notable 4745% increase over the past twenty-four hours. Similarly, a 48.32% increase has placed the NFT sales volume at $5,373,232. In the same vein, the top-selling NFT collection, Flying Tulip PUT, is 175.32% up at $1,888,498.

Nasdaq Applies for Prediction Market Products Launch and Binance Restarts Tokenized Stocks

Concurrently, the crypto sector has gone through many other key developments over the past 24 hours. In this respect, Nasdaq has filed with the U.S. SEC to introduce prediction market goods.

Moreover, Binance has restarted tokenized stocks in collaboration with Ondo Finance, incorporating ten tokenized U.S. exchange-traded funds (ETFs) and stocks to the Binance Wallet and Binance Alpha platform. Furthermore, the crypto volume of Iran has dropped by 80% but stays structurally stable.

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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