Irrespective of the geopolitical turmoil spread due to the U.S.-Iran war, the crypto market is witnessing a surprising recovery. Hence, the total crypto market capitalization has hit the $2.33T after a 2.92% increase. In addition to this, the 24-hour crypto volume has also jumped by 33.74% to reach $119.24B. Even then, the Crypto Fear & Greed Index stands at 16 points, showing “Extreme Fear” across the market.
Bitcoin ($BTC) Surges by 2.76% and Ethereum ($ETH) Sees 4.77% Rise
Particularly, the leading cryptocurrency, Bitcoin ($BTC), is currently trading at $67,336.98. This highlights a 2.76% increase over the past 24 hours, while the market dominance of $BTC accounts for 57.9%. Additionally, the flagship altcoin, Ethereum ($ETH), also presents a 4.77% increase while changing hands at $2,011.42. In the meantime, the market dominance of $ETH sits at 10.4%.
$PENGU, $TRUMP, and $PEPE Dominate Crypto Gainers
Apart from that, the top crypto gainers of the day include PENGU AI ($PENGU), PEPE ($TRUMP), and PEPE AI ($PEPE). Specifically, $PENGU has spiked by 2479.48% to reach $0.0005044. Following that, $TRUMP is now hovering around $0.0001104 after a 1522.74%. Subsequently, a 1421.70% price increase has pushed $PEPE to $0.0005778.
DeFi TVL Spikes by 2.08% While NFT Sales Volume Plunges by 4.74%
Simultaneously, the DeFi TVL is 2.08% up, attaining the $95.205B mark. Additionally, the top DeFi project in the case of TVL, Aave, has surged by 2.41%, touching $26.995B spot. Nonetheless, when it comes to 1-day TVL change, Popsicle Finance has gained the top position in the DeFi landscape, accounting for a stunning 3492% rise over the past twenty-four hours.
On the other hand, the NFT sales volume has plunged by 4.74%, hitting $3,922,445. In the same vein, the top-selling NFT collection, Flying Tulip PUT, has dropped by 29.22%.
Russia Taps Bitpapa, Exmo to Bypass Sanctions, Ethereum Plans to Use AI Agents for Further Development
Moving on, the crypto market has also recorded many other key developments over the past 24 hours. In this respect, Russia is leveraging Bitpapa, ABCeX, Rapira, Exmo, and Aifory to circumvent sanctions.
Moreover, Ethereum is delving into AI agents to improve development. Furthermore, Stani Kulechov, the founder of Aave, has announced that the platform has successfully passed the “Aave Win Win” proposal to deliver a completely token-centric ecosystem.
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
The Bhutanese government transferred 175 Bitcoins last night, worth approximately $11.85 million.
The Bhutanese government transferred 175 Bitcoins on March 9, valued at approximately $11.85 million, bringing the total transfers since 2026 to $42.5 million. Bhutan currently holds about 5,400 Bitcoins, worth approximately $374 million, managed by the sovereign wealth fund. Recent transfers have been smaller in scale, significantly reduced from $60 million in July last year.
GateNews14m ago
Bitcoin Die-Hard Jack Dorsey Doesn't Like Stablecoins, But Block Will Use Them Anyway
In brief
Dorsey called stablecoins a leap "from one gatekeeper to another."
Block's Cash App is building stablecoin support into its core payment flow.
The company's AI push has already cost 4,000 employees their jobs.
Longtime Bitcoiner and Block Inc. CEO and co-founder Jack Dorsey has
Decrypt3h ago
Tether CEO Paolo Ardoino Highlights USDT’s Broad Global User Base
Tether CEO Paolo Ardoino highlighted USDT's strength in having a low sender concentration, with the largest sender accounting for under 5% of volume, which contrasts with other stablecoins at 23%. USDT serves over 550 million users, promoting financial access in emerging markets.
CryptoFrontNews3h ago
Today, the US Bitcoin ETF experienced a net outflow of 5,409 BTC, while the Ethereum ETF experienced a net outflow of 36,599 ETH.
Gate News Report, March 9th, according to Lookonchain monitoring, today the US Bitcoin ETF experienced a net outflow of 5409 BTC, Ethereum ETF had a net outflow of 36599 ETH, and Solana ETF saw a net outflow of 68933 SOL.
GateNews8h ago
SBF: The main bottleneck of AI currently lies in the insufficient adoption, and AI assets are generally undervalued.
Gate News Report, March 9 — FTX founder SBF stated that the main bottleneck for AI currently is "adoption." The key is not whether companies have purchased tools like ChatGPT Enterprise, but whether they are restructuring their organizational structures and business processes around the full potential of the latest models. He pointed out that the current level of adoption is insufficient to reflect the scale of AI's future impact on the economy and believes that AI assets are still generally undervalued at this stage.
GateNews8h ago
