Market Overview

The crypto market capitalisation has risen by 1% over the past day to $2.21T, returning to the levels seen at the end of last month. Over the past 24 hours, the top performers among the most actively traded altcoins were Theta (+5.6%), SushiSwap (+4.2%) and Aptos (+3.2%). The biggest declines were seen in Aave (-3.4%), Basic Attention Token (-3.2%) and Algorand (-2.7%). The recovery in risk appetite across global markets has once again had a knock-on effect on cryptocurrencies, as hopes for the imminent adoption of the CLARITY Act fade and shares are increasingly seen as a competitor, drawing interest and capital away from cryptocurrencies.

Bitcoin approached $65K, its highest level in five days. This achievement does…