Crypto Market Shows Caution As Fear Sentiment Grips Investors

The worldwide crypto market is displaying signals of caution in line with the latest 24-hour data. Hence, the cumulative crypto market capitalization has now reached $2.38T due to a 0.14% dip. However, the 24-hour crypto volume has surged by 2.75% to hit $110.53B. At the same time, the Crypto Fear & Greed Index is currently standing at 26 points, showing slight “Fear” among the market participants.

Bitcoin ($BTC) plunges by 0.18% and Ethereum ($ETH) Sees 0.88% Decrease

Particularly, the leading crypto asset, Bitcoin ($BTC), is now changing hands at $69,870.20. This price level signifies a 0.18% decrease over the past 24 hours while $BTC’s market dominance sits at 58.8%. In addition to this, the top altcoin, Ethereum ($ETH), is now trading at $2,028.62, highlighting a 0.88% dip. In the meantime, the market dominance of $ETH accounts for 10.3%.

$TSLA, $TRUMP, and $DOGS Lead Crypto Gainers of Day

Apart from that, Tesla ($TSLA), PEPE ($TRUMP), and HARRIS DOGS ($DOGS) are leading the top crypto gainers of the day. Specifically, $TSLA has surged by a staggering 1105.26% to reach $13.78. Following that, $TRUMP is now hovering around $0.002153 after a 1143.34% increase. Subsequently, $PEPE’s current price is $0.01546, showing a 997.25% rise.

DeFi TVL Surges by 13.79% and NFT Sales Volume Records 1.57% Jump

Simultaneously, the DeFi TVL has jumped by a huge 13.79% to touch $110.219B. In addition to this, the top DeFi project in terms of TVL, Aave, has witnessed a 0.80% increase, attaining the $27.315B mark. Nonetheless, when it comes to 1-day TVL change, OpenDAO claims the top position in the DeFi market, accounting for a staggering 46753% increase over the past twenty-four hours.

Along with that, the NFT sales volume has spiked by 1.57% to reach $6,357,781. Even then, the top-selling NFT collection, Flying Tulip PUT, has dropped by 29.87%, touching $1,003,636.

Elon Musk Declares April 11 as Date for X Money’s Rollout, SEC Readies for Agreement with CFTC for Crypto Adoption

Moving on, the crypto landscape has also recorded many other key developments across the globe over 24 hours. In this respect, Elon Musk has announced April 11 as the date for the launch of exclusive X Money payment network.

Moreover, Paul Atkins, the SEC Chairman, has announced a key contract with the CFTC in favor of crypto adoption. Furthermore, safety system of Aave has accidentally removed $26M in consumer positions for a short period, making Wrapped stETH ($wstETH) appear cheaper in comparison with its actual price.