Crypto Market Records Modest Gains as Mixed Sentiment Prevails
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The crypto industry has witnessed slight gains over the past 24 hours. Thus, the total crypto market capitalization has hit $2.44T after a 1.35% increase. However, the 24-hour crypto volume has dropped by 21.65% to reach $96.34B. At the same time, the Crypto Fear & Greed Index accounts for 35 points, highlighting “Fear” among the market participants.
Bitcoin ($BTC) Surges by 1.35% and Ethereum ($BTC) Sees 1.81% Rise
Particularly, the leading crypto asset, Bitcoin ($BTC), is changing hands at $71,163.22. This price level signifies a 1.35% increase, while the dominance of $BTC stands at 58.4%. In addition to this, the flagship altcoin, Ethereum ($ETH), has witnessed a 1.81% increase, reaching $2,172.13. In the meantime, $ETH’s market dominance sits at 10.8%.
$GPM, $TRUMP, and $PEPE Dominate Crypto Gainers of Day
Apart from that, Gold Pump Meme ($GPM), TRUMP ($TRUMP), and PEPE AI ($PEPE) are leading the list of top crypto gainers. Specifically, $GPM has witnessed a staggering 4619.26% increase, touching $0.008497. Subsequently, $TRUMP has jumped by 853.47% to attain the $0.0003978 mark. Following that, a 555.25% surge has placed $PEPE’s price at $0.0008299.
DeFi TVL Spikes by 0.96% and NFT Sales Volume Records 55.33% Jump
Simultaneously, the DeFi TVL has seen a 0.96% jump, hitting the $96.056B mark. Nonetheless, the leading DeFi project in terms of TVL, Aave, has dropped by 0.06% to touch $25.478B. On the other hand, when it comes to 1-day TVL change, Ball Exchange is the top name in the DeFi sector, claiming a staggering 225937% rise over the past twenty-four hours.
Similarly, the NFT sales volume has surged by 55.33%, reaching $9,679,873. Additionally, the top-selling NFT collection, “$X@AI BRC-20 NFTs,” has effectively claimed the $3,866,749 spot.
Bitmine Buys $145M in $ETH while Susquehanna Crypto, BitGo Announce Institutional OTC Service
Moving on, the crypto market has also witnessed many other key developments over 24 hours. In this respect, Bitmine has purchased almost 67,111 $ETH tokens, equaling $145M.
Moreover, Susquehanna Crypto and BitGo have unveiled an institutional OTC service, letting eligible users access prediction market contracts. Furthermore, the Ethereum Foundation has introduced a new move to guarantee the network’s long-term security against threats related to quantum computing.
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