The cryptocurrency market saw a modest increase in total market capitalization, rising by 1.34% to reach $2.68 trillion. This comes as the 24-hour trading volume surged by 13.29% to $107.18 billion, while the Crypto Fear & Greed Index remains neutral at 49 points. Despite the overall market growth, Bitcoin and Ethereum experienced declines, with Bitcoin dropping 1.76% to $78,970.06 and Ethereum falling 0.81% to $2,225.08. In contrast, certain altcoins saw significant gains, with Gold Pump Meme ($GPM) skyrocketing by 1645.59%, NOT ($CAT) increasing by 537.34%, and GameStop Coin ($GME) rising by 477.81%. Meanwhile, the DeFi sector recorded a 1.67% decrease in total value locked (TVL), now at $84.931 billion, and NFT sales volume fell by 29.76% to $8.41 million. Globally, Australia is considering changes to crypto taxation in its latest budget proposal. Additionally, a significant $9.57 million bet was placed on Zcash ($ZEC) with 10x leverage, and a federal judge delayed a $1.5 billion copyright settlement involving Anthropic.