This day, the broader digital asset market experienced a huge pullback. Over the final 24 hours, the market’s valuation decreased by 6.67% to $2.9 trillion. Also, the apprehension and greed index fell to 25, showing disagreeable difficulty amongst merchants.
Due to essential declines in the market, most cryptocurrencies are trading down these days; with Bitcoin’s sign for the time being standing at $89,254 whereas Ethereum is at $2,438. The descend has been precipitated by investor scare over US tariffs and closing week’s hack of $1.4 billion from ByBit.
The day before these days, Monday, Feb.24, the market crashed following remarks from President Trump bringing up that the US will proceed imposing tariffs on products imported from Mexico and Canada. The tariff procedure turn out to be once postponed to give room for dialogue between the three nations. The day before these days, Trump clarified that the US had been harmed by trading partners due to this of inflows of illicit imports and confirmed that the taxes will launched as deliberate.
This day’s high gainers
Despite the broader market going through elevated volatility, some property fetch defied the downtrend.
DAILY GAINERS$VON +88.0% $VANA +44.5% $COW +30.3% $IP +24.8% $RATS +17.3% $REZ +14.3% $ELA +13.2% #AUCTION +9.0% $GSWIFT +8.3% $LAYER +7.8%#dailygainers pic.twitter.com/DOI35zGX18
— PHOENIX – Crypto Info & Analytics (@pnxgrp) February 25, 2025
Von (VON)
In the previous 24 hours, Von emerged because the high performer in these days’s crypto market. The altcoin recorded a mountainous upward push of 88%. Its trading volume also rose by 864.10%, showing elevated participation from merchants and investors. Despite its starting up a month ago, VON has experienced an upsurge of 4944.1% over the interval.
Vana (VANA)
Vana secured the 2d dwelling with an out of this world 44.5% sign bounce. The upward thrust came after YZi Labs (formerly Binance Labs) invested an undisclosed quantity of funds into the crypto-AI Vana. As a part of this investment, Binance founder CZ joined Vana as a strategic advisor.
CoW Protocol (COW),
Subsequent is the CoW Protocol, which recorded a 30.3% sign upward push. This impressive sign bounce has been precipitated by heightened user interest following the token’s itemizing on Upbit’s trading platform now not too long ago.
Memoir (IP)
Memoir, an AI crypto token, settled on the fourth dwelling with an amplify of 24.8%, highlighting its sturdy upward momentum. Its transaction volume also surged by 72.50%, indicating elevated trading job in the network. Despite being launched per week ago, IP has reported a huge sign upward push of 132.5% over the length.
Rats (RATS)
Rats took the fifth dwelling with a 17.3% sign upward push and a 37.9% amplify in trading volume. Its sign has been up by 22.4% over the closing two weeks, indicating a fresh amplify in interest and job within its neighborhood.
Renzo (REZ)
Renzo took the sixth dwelling with an amplify of 14.3%. Data reveals that its sign has been up 12.1% over the closing seven days, showing increasing interest in its liquid restaking platform.
Others
Other property, which also obtained visibility amongst these days’s high performers, consist of Elastos, Soar, GameSwift, and UniLayer.
Whereas Elastos (ELA) recorded a sign amplify of 13.2%, it turn out to be once followed by Soar (AUCTION), which registered a 9.0% surge.
Lastly, GameSwift (GSWIFT) and UniLayer (LAYER) wrapped by these days’s high performers’ list with an amplify of 8.3% and 7.8% respectively.
