The crypto market is showing cautious recovery as fear continues to dominate

The global cryptocurrency market continues its cautious recovery, although investor sentiment remains complicated. The total market capitalization has reached $2.99T, with a 0.97% increase over the past day. The 24-hour trading volume also contributed to the momentum, rising by 15.07% to reach $79.88B. However, the Crypto Fear & Greed Index is only at 27 points, clearly indicating that “Fear” dominates the market.

Bitcoin Reaches Over $92K While Ethereum Adjusts

Bitcoin ($BTC), the largest cryptocurrency in the market, is currently trading at $92,870. This price movement reflects a shift in market dynamics, with Bitcoin’s market dominance at 56.45%. Similarly, Ethereum ($ETH) has risen to $3,210, with a market share of 11.79%. These two major assets continue to guide the overall sector’s direction.

Cryptocurrency Gainers Show Volatility

In the smaller token segment, among the top gainers are Crypto Pump Meme ($CPM), Felis ($FELIS), and Book of Meme 3.0 ($BOME). $CPM rallied an impressive 4284.42%, reaching $0.00006484. $FELIS gained 3022.83%, hitting $0.0000007936. $BOME also showed high volatility with a 632.25% increase in its price to $0.00000001829. Such movements are commonly seen in the altcoin market, especially in meme-based tokens.

DeFi Sector Consolidates While NFTs Advance

The decentralized finance ecosystem experienced slight pressure, decreasing by 0.43% to reach $117.797B. Aave, one of the leading DeFi protocols by total value locked, recorded a 1.00% decline with a TVL of $32.977B. Additionally, WINK has become a bridge for emerging interest in the past twenty-four hours, with an astonishing 172,396% increase in TVL.

Conversely, the non-fungible token market showed positive signals. NFT sales volume reached $11,528,682, with a 22.45% increase. The DMarket collection led this segment, with an 86.54% rise and $2,313,925 in trading value.

Ethereum Plans for New Upgrade While Lithuania Regulates

In terms of regulatory and technical developments, Ethereum officially announced the name of its next major upgrade as Hegota, expected to be released in the second half of 2026. This will mark the next chapter in the evolution of the largest smart contract platform. On the regulatory front, Lithuania has become more accessible to the industry, making cryptocurrency licensing mandatory for all crypto service providers wishing to operate in the country. These steps are part of a broader trend of regulatory clarity across Europe and the global market.