Crypto Market Update April 1: ALGO Gains 19%, SIREN Dips 66%

Crypto Market Rally Continues Despite Axios Hack and Wallet Shutdown

Overall Cryptocurrency News, 1 April 2026: The crypto market surged 1.5%, with BTC and ETH gains, while extreme fear stays at 8. Amid the CLARITY Act, the Axios Supply chain attack, and the Magic Eden wallet shutdown.

Major Crypto Market Events Today

Source: Forex Factory

Crypto Market Last 24 Hours Update: Prices, Volume & Trends

The global cryptocurrency market today reached a capitalization of $2.42 trillion, noted a 1.5% upward trend in the last 24 hours, whereas Total trading volume was recorded at $116.5 billion.

Bitcoin’s (BTC) dominance over the industry remains intense with 56.3%, while Ethereum (ETH) carries 10.5%. The largest gainers in the industry over the past day are Polkadot and XRP Ledger Ecosystem.

Bitcoin (BTC) and Ethereum (ETH) Price Analysis:

(Note: BTC and ETH are often viewed as less volatile historically, but still risky. The data recorded from CoinMarketCap)

• Bitcoin (BTC) price today reached $68,044.06, surged 1% in the last 24 hours, with a trading volume of $42.1 billion and a market cap of $1.36 trillion.

• Ethereum (ETH) price today is at $ 2,100.23, soars 2.66% in 24 hours, with a trading volume of $20.9 billion and a market cap of $253 billion.

Top Trending crypto Coins Price in 24 Hours:

(Trending data is based on a combination of 24-hour price movement, trading volume, and CoinMarketCap.com trending metrics.)

• Bitcoin price (BTC): $68,565.00, up 1.67% in the last 24 hours, trading volume (TV): $28.4B.

• Ethereum price (ETH): $2,065.00, gains 3.50% in the last 24 hours, TV: $12.9B.

• DAR Open Network price (D): $0.61, rises 21.53%, TV: $50.7M.

• Mind Network price (FHE): $0.94, jumps 20.90%, TV: $47.0M.

• SKALE Network price (SKL): $0.0071, surges 23.67%, TV: $13.2M.

Top 3 Crypto Gainers in 24 hours (Ranked by 24-hour percentage gain):

• Algorand price today (ALGO): $0.09805, jumps 18.89%, trading activity $88.53M.

• Midnight price today (NIGHT): $0.04844, climbed 9.86%, trading activity $572.79M.

• Zcash price today (ZEC): $248.22, rises 9.32%, trading activity $596.79M.

Top 3 Crypto Losers in 24 hours (Ranked by 24-hour percentage loss):

• Siren price (SIREN): $0.5792, down 66.00%, with trading activity $189.62M.

• River price (RIVER): $16.30, dips 3.51%, with trading volume $36.17M.

• Hyperliquid price (HYPE): $36.54, drops 1.90%, trading activity $354.80M.

Stablecoins and Defi Update:

• Stablecoins reflects 0.1% negative change over the past 24 hours, with a market capitalization of $309 billion and trading volume of $96 billion.

• The Overall (Defi) Decentralized Finance market increased 1.9% over the last 24 hours, recording a market cap of $50 billion and trading volume (TV) at $4.38 billion. Defi dominance globally marked 2.1%.

Fear and Greed Index Today

Source: Alternative Me

Today’s Fear & Greed Index is 8, down from 11 yesterday and 14 last week, showing fear is getting stronger. This usually happens when prices fall, traders panic-sell, and confidence weakens. Such low levels often suggest the market is oversold, and buyers may start accumulating.

Latest Crypto Market News Today, April 1

(Note: All of these updates affect traders, as they impact liquidity, sentiment, and potential returns, and thus must be monitored closely.)

1. CoinShares Debuts on Nasdaq: CoinShares completed its Vine Hill merger and started Nasdaq trading on Wednesday as CSHR, valued at $1.2B, with $50M fresh capital and $6B assets under management.

2. Axios Supply Chain Attack Hits Thousands: A malicious Axios update attack linked to North Korean hackers compromised thousands of firms, stealing credentials and planting hidden payloads across Windows, Linux, and macOS systems.

3. Magic Eden Wallet Shutdown Begins: Magic Eden wallet switched to export-only mode on April 1. It urged users to move their funds quickly before the full shutdown on May 1, which ends key recovery support permanently. 

4. Plume Tests Tokenized Salary Pilot: Plume, Toku, and WisdomTree started a pilot that allows employees to receive part of their salaries in tokenized money fund shares. This brings real-world payroll onto blockchain. 

5. Eightco Reveals Massive WLD Holdings: Eightco revealed $326 million in crypto holdings, which include 277 million WLD, 11,068 ETH, stablecoins, and cash. Its Worldcoin stake is approaching 9% of the circulating supply.

6. WisdomTree Latest Sayings: WisdomTree innovation should continue even without the CLARITY Act, with firms focusing on tokenization, stablecoins, and compliant infrastructure.

Comparative Insight

Compared to crypto market update of March 31, 0.6% recovery to $2.39T, today, April 1, shows a stronger 1.5% rise to $2.42T. However, sentiment slightly improved on March 31 with Fear & Greed at 11 versus April 1’s 8, suggesting prices strengthened later while trader confidence actually deteriorated further.

What This Means for Cryptocurrency Users

For users, today’s data signals a mixed environment: major assets remain stable, trending coins show fast upside, but fear stays elevated. This means opportunities exist in selective altcoins, while wallet shutdowns, cyber risks, and regulatory shifts make security and diversification more important than ever.

Risk Context: This commentary is not about long-term conditions and is merely informational. It does not point to the price or indicate an action to take on the investment.

CoinGabbar’s Opinion

The last 24 hours suggest short-term trading opportunities but continued investment risk. Rising prices along with extreme fear often favor cautious accumulation rather than aggressive exposure. For daily readers and investors, disciplined entries, secure asset storage, and a focus on fundamentally strong coins remain the best strategy right now.

Disclaimer: The information should not be taken as financial or investment advice. Cryptocurrencies are very unstable and dangerous. You should never make an investment decision without doing your research (DYOR) and using a qualified financial advisor. Not all regions can provide all the services or assets in question.