Bitcoin and Ethereum lead the market today, but signs of greed should still be noted

In the past 24 hours, the cryptocurrency market has experienced a modest recovery with a 0.97% increase, bringing the total market capitalization to $2.99 trillion. Bitcoin continues to lead, rising 0.90% to $92,040, while Ethereum records a slight increase of 0.04% to $3,130. Although these figures seem modest, they indicate stability for the top two assets amid the market.

Fear and Greed Index and Market Warning

Notably, the Fear & Greed Index remains at 27, reflecting cautious investor sentiment. This suggests that despite some positive signs, the market has not entered a full greed phase. Those monitoring this index should continue to watch for market signals.

Meme tokens explode dramatically

While Bitcoin and Ethereum see modest gains, meme tokens are showing an incredible surge. $CPM skyrocketed 4,284.42%, $FELIS jumped 3,022.83%, and $BOME soared 632.25%. These numbers reflect investors’ attraction to high-risk assets, even when the greed index is not at its peak.

DeFi slightly declines, NFT grows strongly

Meanwhile, the DeFi sector experienced a decline of 0.43%, with total value locked (TVL) decreasing to $117.797 billion. Conversely, the NFT market shows a more pronounced recovery, with sales increasing 22.45% to $11.53 million, indicating growing investor interest in unique digital assets.

Regulatory developments and technological upgrades

On the regulatory front, Lithuania has announced that cryptocurrency service providers must obtain appropriate licenses. On the technological side, the Ethereum community is anticipating the ‘Hegota’ upgrade scheduled for 2026, which could bring significant improvements to the network.