Crypto Market Recap: Fear & Greed, All-Time Highs, Trend Analysis, and NFT Happenings

Dear Readers,

Bitcoin's price has risen above $97,000 today, showing signs that it may push past $100,000 this week. This price increase follows growing interest from investors, sparked by U.S. President Donald Trump's recent speech, in which he announced that he signed executive orders to end "Joe Biden’s war on Bitcoin and crypto."

According to the BTC price chart, Bitcoin saw a 1.45% increase, reaching $97,235. Meanwhile, Ethereum's price rose by just over 0.21%, reaching $2,727. The global crypto market cap now stands at $3.2 trillion, reflecting a 1.38% gain over the past 24 hours.

Highlights Of The Week

• Brazil’s securities regulator has approved the country’s first spot XRP exchange-traded fund, with the asset rising 8% in the past 24 hours.

• The US Securities and Exchange Commission has dropped its effort to overturn a court ruling blocking a controversial broker-dealer rule, which would have given the agency jurisdiction over decentralized crypto protocols.

• Montana’s House Business and Labor Committee has passed a bill that could pave the way for Bitcoin and other cryptocurrencies to become reserve assets.

• Nigeria has filed an $81.5 billion lawsuit against Binance for $2 billion in back taxes and $79 billion in economic damages, accusing the exchange of crashing Nigeria’s local fiat currency.

• Microsoft has unveiled its first quantum computing chip, joining other companies pursuing technology that could eventually pose a threat to cryptocurrencies.

Crypto Fear & Greed Index

The Crypto Fear & Greed Index currently sits at a neutral 49, reflecting a shift in market sentiment. This is an improvement from yesterday’s reading of 44, which indicated a state of fear. The change comes after a recent reversal in Bitcoin's price, which has sparked optimism across the broader cryptocurrency market. As BTC starts to gain momentum, investors seem to be adopting a more bullish outlook, signaling the potential for further positive movement in the market.

ATH Coins

An all-time high (ATH) reflects a cryptocurrency’s peak achievement and increased market interest. However, market volatility is still an important consideration. Before investing in coins at their ATH, it's vital to conduct in-depth research. Here are some of the latest standout cryptocurrencies that have reached ATH milestones.

Story (IP) is a Layer 1 (L1) blockchain built to serve as the foundation for intellectual property (IP) on the Internet. The token recently reached its all-time high price of $3.58 today, with the current price slightly below at $3.29. The current trading volume stands at $504.48 million, indicating strong interest in the project.

The Ekubo Protocol (EKUBO) is an innovative, capital-efficient Automated Market Maker (AMM) designed with concentrated liquidity, smaller ticks, and low-cost swaps. It has seen a rise to its all-time high price of $4.35 today and currently trades at $4.29 with a trading volume of $349.64K.

Yellow Ket (KET) operates on the high-performance Avalanche (AVAX) network, offering an innovative cryptocurrency token. It hit its all-time high price of $0.5337 today. At present, the token is priced at $0.4704, with a trading volume of $25.68 million, showcasing steady market activity.

GOHOME (GOHOME) is a community-driven cryptocurrency that aims to make a humorous statement on personal boundaries, rather than serve as a political manifesto. Its all-time high price of $34.00 was reached today, with a slight current decrease to $33.54. The current volume stands at $973.23K, reflecting solid market participation.

Meshchain Ai (MCC) serves as the native token for Meshchain, an innovative project combining artificial intelligence and blockchain technology to build a Decentralized Physical Infrastructure Network (DePIN). It reached an all-time high of $0.3283 today, and the current price is $0.3275, with a trading volume of $591.8K, indicating continued investor interest.

Top Movers (24H)

As cryptocurrency gains more recognition as a viable investment, former skeptics are now adopting it, diversifying their portfolios with various digital assets. Experienced investors are also enhancing their positions, leading to considerable price increases in several cryptocurrencies over the past day. Let’s examine some notable cryptocurrencies that have seen impressive price surges recently.

Amulet (AMU) has skyrocketed by 170.46%, reaching a new price of $0.003925 in the past day. This growth is accompanied by a solid trading volume of $2.37 million. As the first Web3 platform to integrate both investment and insurance, Amulet is making waves by offering users a safe way to earn, with built-in loss protection that sets it apart in the rapidly evolving space.

Following closely behind, tokenbot, or Clanker, has also shown impressive momentum, rising by 77.27% and reaching a price of $61.36 in the last 24 hours. The project’s trading volume has soared to $26.15 million. Clanker is innovating by creating token markets that reward creators, currently deploying ERC-20 tokens on the Base network, and providing an exciting new model for engaging with tokenomics.

Meanwhile, Hey Anon (ANON) has caught the eye with a significant 55.81% price increase, now trading at $8.14. With $13.22 million in trading volume, HeyAnon is proving to be a key player in the DeFi space. The project’s AI-driven protocol is simplifying decentralized finance interactions and aggregating essential project-related data, making it easier for users to navigate the complexities of DeFi.

Not far behind, Ondo DeFAI (ONDOAI) has made notable gains as well, up by 50.88% to $0.004682, with a trading volume of $2.03 million. As a Layer-2 solution built on the ONDO network, Ondo DeFAI is leveraging AI tools and USDY—a T-Bill-backed stable asset—to offer inflation-proof DeFi solutions, positioning itself as a reliable option in the DeFi ecosystem.

Lastly, peaq (PEAQ) has made its mark with a solid 41.06% price increase, now valued at $0.2005, and a trading volume of $31.99 million. Peaq is driving the Machine Economy forward as a Layer-1 blockchain that supports decentralized physical infrastructures (DePINs), devices, robots, and vehicles. With its innovative approach, peaq is carving out a niche in the future of decentralized technologies.

Non-Fungible Tokens – Developments

• OpenSea has suspended its XP reward program for bidding and listing NFTs after receiving significant backlash from the community.

• Buyers of merchandise or collectibles from four officially licensed Trump online shops may be eligible for an airdrop of the president’s official Solana meme coin, TRUMP, including initial sales of Trump’s official NFT collections.

• Yuga Labs has transferred the intellectual property rights of the Meebits NFT collection to Meebit Company (MeebCo), a new entity backed by venture capital firm 1confirmation, to focus on its core projects like Bored Ape Yacht Club (BAYC) and the Otherside metaverse.

NFTs To Watch (24H)

OCH Genesis Ring

The OCH Genesis Ring collection has been experiencing a surge in activity, with a 46% increase in volume over the last 24 hours. Currently boasting a trading volume of 101 ETH, this exclusive collection of 1,000 ERC-721 NFTs from the Onchain Heroes Universe has garnered 130 sales, and its floor price is now set at 0.7299 ETH.

Jirasan

Another standout is Jirasan, a collection of 10,000 NFTs that has seen a 55% jump in trading volume, now reaching 52.57 ETH. Jirasan offers more than just digital art—it provides premier membership access to the PG Group and Redacted ecosystem, adding significant utility for holders. With 110 sales and a floor price of 0.4318 ETH, Jirasan’s value is rapidly gaining traction, making it a highly desirable asset in the market.

Memeland Potatoz

Rounding out this list is Memeland Potatoz, which has seen an extraordinary 100% increase in volume, bringing its total to 25.23 ETH. This collection of 9,999 utility-enabled PFPs is not just a collectible; it serves as an exclusive entry ticket into the Memeland ecosystem. With 58 sales and a floor price of 0.4439 ETH, Memeland Potatoz is quickly becoming one of the most sought-after NFT projects, capturing the attention of both seasoned collectors and newcomers alike.

Best Regards,
Crypto Recorder Team

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