Global Crypto Market Sees Notable Increase with Total Capitalization Hitting $2.38T

The global cryptocurrency market has experienced a notable increase over the past 24 hours, with its total capitalization reaching $2.38 trillion after a 3.33% rise.

This growth is accompanied by a significant surge in trading volumes, reaching $83.75 billion. The Crypto Fear & Greed Index has also increased to 37 points, indicating a shift towards the 'Fear' zone.

While Bitcoin ($BTC) and Ethereum ($ETH) have seen minor declines of 0.49% and 0.91%, respectively, some altcoins have experienced significant gains. PEPE ($TRUMP), PI TRUMP ($PI), and Hold BTC ($HBTC) have surged by 1178.37%, 899.59%, and 790.13%, respectively.

DeFi TVL has dropped by 1.66% to $92.205B, while NFT sales volume has increased by 21.31% to $6,944,520. The Solana Foundation is unveiling the STRIDE project to bolster network security, and Polygon is activating the Giugliano hardfork to bring faster finality.