Crypto Market Shows Slight Recovery Despite Persistent Extreme Fear

BTC-2,93%
ETH-3,62%
PENGU-3,54%
PEPE-2,98%

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

Michael Saylor Releases Bitcoin Tracker Information Again, Strategy May Disclose Increased Holdings Data Next Week

Gate News reported that on March 22nd, Michael Saylor, founder of bitcoin treasury company MicroStrategy, released bitcoin Tracker related information again, with the caption "The Orange March Continues". According to previous patterns, MicroStrategy typically discloses bitcoin accumulation information the day after releasing related news. The market expects the company may announce its latest bitcoin accumulation data next week.

GateNews1h ago

Resolv USR Exploit Triggers 50M Mint and Sharp Depeg

Resolv Labs faced a security breach where attackers minted 50M unbacked USR tokens, causing a rapid sell-off that depegged USR. Recovery efforts are ongoing, with losses estimated at $25M, while protocol operations remain paused.

CryptoFrontNews1h ago

Resolv Incurs 80M $USR Loss As Exploiters Route Funds Via Leading DEXs

The Resolv network suffered a severe exploit, draining 80M $USR tokens. Attackers rapidly swapped the stolen assets across decentralized exchanges to cover their tracks. The platform has halted operations and is investigating recovery efforts while urging users to stay vigilant.

BlockChainReporter3h ago

Crypto Market Sees Continuous Downturn As Geopolitical Tensions Grow

The global crypto market is down 1.60% to $2.38T amidst escalating U.S.-Iran tensions, with Bitcoin and Ethereum experiencing declines. Notably, some smaller cryptocurrencies have surged. DeFi and NFT sectors show mixed trends, while regulatory developments emerge.

BlockChainReporter4h ago

A whale address took profit on 50 million SKY tokens, earning $2.72 million.

Gate News reports that on March 22, a whale address transferred 50 million SKY tokens to a certain CEX today, valued at $3.8 million, with a take-profit gain of $2.72 million (+58%). EmberCN monitoring data shows that this address previously withdrew 97.13 million SKY tokens from a certain CEX in November 2025 when SKY prices were at lows, with an average purchase price of $0.048 per token. Today's transfer-in average price is $0.076 per token.

GateNews4h ago

DeFi Continues Rapid Growth, With OpenOcean Leading DEXs in Volume

The DeFi sector grew rapidly in March 2026, with OpenOcean leading DEXs in volume, followed by Paraswap and Nordstren. User trust and optimal pricing have contributed to this growth, highlighting a focus on benefits over brand names.

BlockChainReporter7h ago
Comment
0/400
No comments