Crypto Market Surpasses $2.62 Trillion as Fear and Greed Index Enters Greed Zone

The total cryptocurrency market capitalization has surpassed $2.62 trillion on April 23, 2026, according to recent data. This significant milestone coincided with the Fear and Greed Index entering the 'Greed' zone. The broader market seems to be in a risk-on tone, as evidenced by Bitcoin's (BTC) 24-hour gain of approximately 0.68%. Its market cap held steady near $1.55 trillion, representing nearly 59% of the total crypto market.

Ethereum (ETH) and Solana (SOL) also appeared in CoinGecko's trending list alongside Bitcoin during this period. DeFi total value locked rose, although specific figures were not available. NFT sales increased as well, reinforcing the overall risk-on sentiment. The influx of capital into spot Ethereum ETFs adds context to this market environment.

The $495.75 million in net inflows into these ETFs so far in April 2026 suggests that institutional buyers remained active throughout the first three weeks of the month. This level of investment supports spot prices and reinforces the overall market cap figure.