Crypto Market Review: Fear & Greed, ATHs, Market Trends, and NFT Developments

Dear Readers,

Bitcoin fell for the fourth consecutive day on Thursday, nearing a three-month low as concerns over U.S. tariffs and an upcoming inflation report weighed on risk assets. It dropped 3.03% to $86,092, its lowest since mid-November 2024. Many altcoins followed suit, with Ethereum down 4.46% to $2,360, and XRP falling 3.41% to $2.22. The total global crypto market cap decreased 2.54% to $2.85 trillion.

Highlights Of The Week

• Ripple Labs partners with BDACS, a South Korean digital asset custody provider, to enhance institutional custody for XRP and Ripple USD.

• FBI urges crypto node operators, exchanges, and the private sector to block transactions from addresses involved in laundering funds from the $1.4 billion Bybit hack.

• Investors withdrew a record $420 million from the BlackRock iShares Bitcoin Trust as Bitcoin dropped to yearly lows.

• MARA Holdings, a Bitcoin mining firm, plans to capitalize on the "second wave" of AI after reporting strong Q4 2024 results.

• Ripple Labs reveals a roadmap for developing an institutional DeFi ecosystem on the XRP Ledger.

• Bank of America CEO Brian Moynihan hints at the possibility of launching a stablecoin if comprehensive U.S. legislation is enacted.

Crypto Fear & Greed Index

The Crypto Fear & Greed Index is at 10, indicating extreme fear, down from 21 yesterday. This fear stems from President Trump’s reaffirmation of a 25% tariff on imports from Canada and Mexico, with a potential delay to April 2. The uncertainty around trade policies is fueling market volatility, including in cryptocurrencies. Investors are also cautious ahead of Friday’s U.S. Personal Consumption Expenditures (PCE) inflation data release.

ATH Coins

An all-time high (ATH) represents the highest value a cryptocurrency has ever achieved, marking a significant increase in market interest. Yet, market volatility remains a critical factor. Before investing in coins at their ATH, thorough research is essential. Here are some of the top-performing cryptocurrencies that have recently hit ATH milestones.

Today marks a significant milestone for KAITO (KAITO), which has reached an all-time high (ATH) price of $2.87, maintaining this value as its current price. With a trading volume of $2.11 billion, KAITO remains the native token at the heart of the AI-powered InfoFi network. KAITO is a key driver of AI innovation, poised to transform industries and unlock new digital opportunities.

In a similar vein, MyShell (SHELL) has achieved an ATH of $0.688 today, with its current price standing at $0.6250 and a trading volume of $137.91 million. MyShell is an AI platform that allows users to create, share, and own AI agents, seamlessly integrating AI into daily life and making advanced technology accessible to all.

STONKS (STONKS) has also made notable progress, reaching an ATH of $0.05726 today. The current price of STONKS is $0.05466, with a trading volume of $8.41 million. However, STONKS is not merely a token; it represents a movement against rug pulls and embodies the unity of retail investors.

Yesterday, Pi Network (PI) reached its ATH of $2.98, a remarkable achievement in the world of social cryptocurrencies. With a current price of $2.65 and a trading volume of $3.56 billion, Pi Network continues to expand its reach as both a developer platform and a decentralized ecosystem.

Finally,Story (IP)reached an ATH of $7.33 yesterday, with its current price at $6.29 and a trading volume of $940.39 million. Story is a Layer 1 blockchain designed to be the backbone of intellectual property (IP) on the internet. Story offers decentralized solutions to protect and manage digital IP, revolutionizing how creators and businesses secure and share their intellectual property.

Top Movers (24H)

With cryptocurrency increasingly seen as a legitimate investment, former skeptics are now embracing it, expanding their portfolios with various digital assets. Seasoned investors are also strengthening their positions, driving significant price hikes in multiple cryptocurrencies over the past 24 hours. Let’s take a look at some standout cryptocurrencies that have experienced impressive price gains recently.

Alchemist AI (ALCH) has been making waves in the crypto market, surging by 62.98% over the past 24 hours. This significant jump has brought its price to $0.04237, with a trading volume of $48.69 million. As a no-code development platform, Alchemist AI offers a unique opportunity for users to turn their ideas, dreams, or concepts into fully realized applications without needing any programming skills.

Following Alchemist AI’s success, another standout performer is CARV (CARV), which has surged by 57.05%, reaching a price of $0.5556. With a trading volume of $230.62 million, CARV has quickly gained traction. The platform’s ecosystem empowers AI agents with a secure, unified infrastructure that enhances their ability to operate intelligently and collaboratively.

Meanwhile, Renzo (REZ) has also been making strides, increasing by 31.48% in the last 24 hours to a price of $0.02280. Trading at $72.74 million in volume, Renzo’s role as a Liquid Restaking Token (LRT) and Strategy Manager for EigenLayer is solidifying its place in the market.

Similarly, Jambo (J) has been riding a wave of growth, up 27.23% in the past 24 hours, with its price now at $0.3769 and a trading volume of $44.04 million. The project is focused on building the world’s largest on-chain mobile network, powered by the innovative JamboPhone.

Finally, Test (TST) rounds out the top movers with a solid 21.33% increase in the last 24 hours, bringing its price to $0.1065, with a trading volume of $298.31 million. Deployed by Binance on four.meme, Test Token is carving out its space in the market, attracting attention with its unique offerings and the potential to provide fresh opportunities within the ever-evolving decentralized ecosystem.

Non-Fungible Tokens – Developments

• The U.S. SEC has officially closed its investigation into OpenSea, providing relief for the NFT industry.

• Square Enix revealed that the story-based NFT collectible art project Symbiogenesis will conclude with its next chapter, with the final release scheduled for late July.

• Phantom announced major updates to improve user experience, focusing on real-time price tracking, NFT metadata, spam detection, and marketplace activity.

NFTs To Watch (24H)

Pudgy Penguins has seen impressive activity in the past 24 hours, with a trading volume of 498 ETH, marking a 69% increase. The floor price for this collection now stands at 9.189 ETH, with 56 sales recorded. Pudgy Penguins is a collection of 8,888 NFTs, aiming to accelerate Web3 innovation by utilizing intellectual property (IP) and fostering community empowerment.

The Doodles collection has experienced a remarkable surge, with a trading volume of 275 ETH, reflecting a significant 210% increase. The current floor price is 3.29 ETH, with 85 sales. The Doodles Original Collection, which features 10,000 unique characters, was created by Co-Founder and renowned artist Burnt Toast and continues to captivate the NFT community with its vibrant art.

Milady Maker  has also made notable strides, with a trading volume of 234 ETH, reflecting a 40% increase. The floor price is currently 3.838 ETH, with 62 sales. This collection consists of 10,000 generative profile picture (pfp) NFTs, designed in a neochibi aesthetic inspired by street style tribes, adding a unique touch to the world of digital art.

Best Regards,
Crypto Recorder Team

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