The global cryptocurrency market has experienced cautious stability, with a slight increase in market capitalization to $2.59 trillion, marking a 0.02% rise over the past 24 hours. Trading volume also saw a 1.61% increase, reaching $77.1 billion. The Crypto Fear & Greed Index stands at 40, indicating a neutral sentiment among investors.
Bitcoin (BTC) and Ethereum (ETH) both saw minor declines, with BTC dropping 0.43% to $77,387.60 and ETH decreasing 0.34% to $2,126.54. Meanwhile, Gold Pump Meme (GPM), PEPE (TRUMP), and Beers (BEER) led the day's gains, with GPM surging 1592.02%, TRUMP rising 526.03%, and BEER increasing 508.97%.
In other developments, South Korea is reviewing a proposal to abolish a planned 22% crypto tax. Additionally, Solana (SOL) whales have increased their holdings by 60%, and Sui has introduced gasless stablecoin transactions for seven tokens, including USDC.
Crypto Market Shows Modest Growth Amid Neutral Sentiment
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