Crypto Market Holds Strong Amid Neutral Sentiment

The crypto market is experiencing cautious optimism amid the mixed performance. In this respect, the total crypto market capitalization has touched the $4.04T mark after a 0.23% increase. On the other hand, the 24-hour crypto volume has dropped by 21.35%, reaching $98.7B. However, the Crypto Fear & Greed Index is still “Neutral” while sitting at 48 points.

Bitcoin Dips by 0.10% and Ethereum Sees 0.25% Drop

Particularly, the top crypto asset, Bitcoin ($BTC), has dipped by a slight 0.10% to reach $115,592.79. In addition to this, its market dominance stands at 57.0%. Similarly, Ethereum ($ETH) is changing hands at $4,472.02, indicating a 0.25% decrease. Concurrently, its market dominance is almost 13.4%.

$XBT, $MAGA, and $HOOD Lead Top Crypto Gainers

Simultaneously, XBIT ($XBT), PEPE MAGA ($MAGA), and Robinhood ($HOOD) are the dominating crypto gainers of the day. Specifically, $XBT has jumped by a staggering 983.24% while trading at $0.005621. Subsequently, $MAGA has seen a 775.64% rise, attaining the $33,744.14 mark. Following that, $HOOD’s current price is $0.009995 after a 745.33% increase.

DeFi TVL Records 2.61% Surge and NFT Sales Volume Slumps by 32.62%

Apart from that, the DeFi TVL has also recorded a slight 0.89% spike, reaching $161.525B. Additionally, the top DeFi project in terms of TVL, Aave , has surged by 2.61%, claiming the $43.035B spot. Nonetheless, when it comes to 24-hour TVL growth, MorpheusAI stands in the top place, accounting for 1.462980359296597224% over twenty-four hours.

Contrarily, the NFT sales volume has plunged by 32.62%, reaching $12,315,531. Similarly, the top-selling NFT collection, Moonbirds, has gone through a 0.34% drop, touching $1,049,405.

El Salvador Raises Bitcoin Holdings to $732M While $BNB Contract Jumps to Record High of 2.3412M

Moving on, the crypto industry has also experienced several significant developments over 24 hours. In this respect, El Salvador has elevated its $BTC reserves to $732M (6,326 $BTC) by including 8 more $BTC.

Moreover, OKX is delaying the on-chain contract rollout due to regulatory hurdles. Furthermore, the $BNB Contract holdings have hit a record high of 2.3412M tokens ($2.5B), denoting a 29.07% rise over 24 hours, driven by substantial growth.