Crypto Market Holds Steady as Fear Lingers

The worldwide crypto market is facing short-term outflows, resulting in a broader decline. Thus, the crypto market capitalization has touched the $3.47T mark after a 2.12% drop over the past 24 hours. In addition to this, the 24-hour crypto volume has also dipped by 9.65%, reaching $160.42B. Concurrently, the Crypto Fear & Greed Index stands at 26 points, showing “Fear.”

Bitcoin Drops by 1.79% and Ethereum Witnesses 2.92% Dip

Particularly, Bitcoin ($BTC) is changing hands at $103.439.07. This price indicates a 1.79% decrease in the price of the flagship crypto asset while its market dominance accounts for 59.4%. Along with that, Ethereum ($ETH) is now trading at $3,449.76, presenting a 2.92% dip. In the meantime, it has a market dominance of up to 12.0%.

$AXOME, $VES, and $TSLA Dominate Crypto Gainers of Day

Apart from that, the crypto gainers of the day include Axoloti Token ($AXOME), Vestate ($VES), and Tesla ($TSLA). Specifically, $AXOME has witnessed a staggering 4368.57% spike over the past 24 hours, touching $0.0005451. Subsequently, with a 1330.44% increase, $VES has jumped to $0.0008580. Following that, an 810.74% increase has raised $TSLA’s price to $36.63.

DeFi TVL Records 2.57% Slump While NFT Sales Volume Jumps by 23.78%

Simultaneously, the DeFi TVL has plunged by 2.57%, attaining the $132.012B mark. Additionally, the top DeFi platform, Aave , has dropped by 2.44% to reach $33.006B. Nonetheless, when it comes to 24-hour TVL increase, a stunning 3014203% rise has placed pSTAKE Finance at the top of other DeFi projects.

Similarly, the NFT sales volume has surged by 23.78%, claiming the $12,312,456 spot. At the same time, the top-selling NFT collection, Algebra Positions NFT-V2, has risen by 191.52%, reaching $1,371,197.

China Alleges $13B Bitcoin Theft by U.S., UAE Digital Dirham Pilot Completes First Transaction

Moving on, the crypto landscape has seen several other developments around the world over 24 hours. In this respect, China’s cybersecurity arm has accused the U.S. authorities of allegedly stealing $13B in $BTC.

Moreover, “digital dirham,” the CBDC pilot of UAE, has officially accomplished its 1st transfer within 2 minutes. Furthermore, VCI Global has purchased $100M in $OOB, the Tether-backed platform Oobit’s native token.