The global crypto market held at $2.58 trillion over the past 24 hours, with total trading volume at $58 billion. Bitcoin traded at $73,500.29, down 0.67%, while Ethereum changed hands at $2,002.29, off 1.21%. The broad market stayed flat, but capital moved unevenly across sectors.
Bitcoin and Ethereum softened while dominance stayed high
Bitcoin’s market capitalization stood at $1.47 trillion with $17.8 billion in 24-hour volume, keeping its market dominance at 57.2%. Ethereum’s market cap reached $241.8 billion, with trading volume of $10 billion and market dominance of 9.4%. That concentration remained intact even as both large-cap assets moved lower.
Outside the majors, price action was mixed and often sharper. Solstice fell 5.94% to $0.1865, Sui dropped 3.10% to $0.8878, Tezos lost 5.21% to $0.3265, and edgeX declined 6.86% to $1.30. Terra Classic moved the other way, rising 6.33%.
DeFi outperformed as Humanity and Stargate Finance rallied
Decentralized finance was one of the few areas showing strength. The DeFi market climbed 2.2% in 24 hours to a capitalization of $70.9 billion, with trading volume at $4.42 billion. Global DeFi dominance was listed at 2.8%. Stablecoins were unchanged on the day, holding a combined market cap of $315 billion and volume of $43 billion.
Among the day’s largest gainers, Humanity (H) surged 67.25% to $0.5957 on trading activity of about $224 million. Stargate Finance (STG) advanced 38.92% to $0.3462. Binance Life added roughly 22%, and Stellar (XLM) rose 15.10% to $0.2582. The move suggested selective buying rather than a broad-based recovery.
Fear stayed elevated even as sentiment data improved slightly
The Crypto Fear & Greed Index came in at 29, up from 28 a day earlier. Even with that uptick, the reading remained below 30 from last week and 39 from last month. Sentiment improved at the margin, but the market stayed in fear territory. Santiment said Bitcoin bullish sentiment had reached its highest level this year, while U.S. spot Bitcoin ETFs posted outflows for 10 straight trading days.
Security incidents and policy updates remained in focus
On the industry side, the source said three recent mainnet outages were tied to bugs introduced in the v1.72 upgrade. User funds were reported safe, and fixes were completed. Gravity Bridge was also reported to have been attacked after a possible key leak, resulting in $5.4 million in stolen assets, with investigators helping freeze a small portion.
Regulatory developments continued across several markets. Hong Kong regulators said virtual asset trading had grown strongly and said they would finalize a broad crypto framework covering custody, trading, and investment services. In India, Coinbase introduced direct INR deposits and withdrawals for local crypto trading under Indian regulatory and tax rules. Brazil is set to hold a cryptocurrency investigation conference in June focused on blockchain tracking, asset freezing, and financial crime cases. In China, a Qingdao court sentenced a defendant to more than 10 years in prison for stealing 107 BTC, while affirming virtual currency as property.
Elsewhere, Phantom generated $20.63 million in fees through its Hyperliquid integration, accounting for nearly one-third of top integrator revenue. The source also said firms and affiliated individuals had donated more than $320 million toward the 2026 U.S. elections, with most of that money backing Republican-linked groups.