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Crypto Sector Hits $2.6T in Market Cap While Sentiment Remains Neutral
The crypto market has witnessed mixed performance over the past 24 hours. Hence, the total crypto market capitalization now accounts for $2.6T after a 0.45% rise. However, the 24-hour crypto volume has dipped by 22.16%, reaching $98.69B. At the same time, the Crypto Fear & Greed Index accounts for 44 points, displaying a “Neutral” sentiment among the market participants.
Bitcoin ($BTC) Drops by 0.23% and Ethereum ($ETH) Sees 0.11% Dip
Bitcoin, the flagship crypto asset, is now trading at $77,818.36. This price level highlights a 0.23% decrease, while the market dominance of Bitcoin ($BTC) stands at 60.0%. In addition to this, the leading altcoin, Ethereum ($ETH), is currently changing hands at $2,325.32, indicating a 0.11% drop. In the meantime, the market dominance of Ethereum ($ETH) is sitting at 10.8%.
$DEBT, $TRUMP, and $BEER Dominate Crypto Gainers of Day
Apart from that, the leading crypto gainers of the day include DebtCoin ($DEBT), Trump AI ($TRUMP), and Beers ($BEER). Particularly, $DEBT has surged by a staggering 1154.91% to reach $0.0003269. Following that, a 553.99% increase has placed $TRUMP’s price at $17.09. Subsequently, $BEER is now hovering around $0.02177, showing a 471.12% price jump.
DeFi TVL Surges by 1.68% While NFT Sales Volume Slumps by 31.40%
Simultaneously, the DeFi TVL has experienced a 1.68% spike, attaining the $85.456B mark. Additionally, the top DeFi project in terms of TVL, Lido, has jumped by 3.71%, touching $22.433B. Nonetheless, when it comes to a 1-day TVL change, BBBFI has emerged as the leading DeFi project, accounting for a stunning 1342% increase over the past twenty-four hours.
Contrarily, the NFT sales volume has plunged by 31.40%, claiming the $5,425,917 spot. Similarly, the top-selling NFT collection, Courtyard, has slumped by 7.25%, hitting $790,990.
Western Union Launches Stablecoin Next Month, Telegram Founder Accuses France of Crypto Kidnappings
Concurrently, the crypto sector has also gone through many other critical developments across the globe over the past 24 hours. In this respect, Western Union is planning to unveil a flagship stablecoin in the next month, along with a “Stable Card” for worldwide consumers.
Moreover, Pavel Durov, the founder of Telegram, has accused French authorities of complicity in growing crypto kidnappings across the country. Furthermore, Aave has asked Arbitrum to transfer 30K $ETH seized from the KelpDAO attacker to ‘DeFi United.’