The crypto market is going through caution amid the wider sideways price movements. In line with the new market insights, the cumulative crypto market capitalization has reached $3.49T after a 0.50% increase over 24 hours. In addition to this, the 24-hour crypto volume has also seen a 9.39% rise, touching $174.66B. However, the Crypto Fear & Greed Index has dipped to 25 points, showing that the market is facing significant “Fear.”
Bitcoin Slips by 0.39% While Ethereum Sees 2.25% Rise
Particularly, the leading crypto asset, Bitcoin ($BTC), is trading at $102,968.18. The respective price indicates a 0.39% dip while the market dominance of Bitcoin stands at 59.0%. Nonetheless, the flagship altcoin, Ethereum ($ETH), is changing hands at $3,524.44, presenting a 2.25% increase. In the meantime, its market dominance reportedly accounts for 12.2%.
$COIN, $KDA, and $GME Lead Daily Crypto Gainers
Along with that, the list of leading crypto gainers includes (Fake Wrapped COINBASE ($COIN), Kadena ($KDA), and GameStop Coin ($GME) in the top positions. Specifically, $COIN has jumped by 536.89% to reach $0.0004376. Subsequently, $KDA’s 561.21% rise has placed its price at $0.04513. Following that, $GME is now hovering around $0.001311 after a 481.38% increase.
DeFi TVL Records 0.94% Jump and NFT Sales Volume Spikes by 2.26%
Simultaneously, the DeFi market has witnessed a 0.94% increase in its TVL, claiming the $133.074B mark. Additionally, the leading DeFi project in terms of TVL, Aave, has seen a 1.92% surge, attaining the $34.22B spot. Nonetheless, pSTAKE Finance remains the top DeFi player when it comes to 1-day TVL change, accounting for a stunning 31274580% increase over twenty-four hours.
At the same time, the NFT sales volume shows a 2.26% spike, reaching $12,727,776. In the same vein, the top-selling NFT collection, Algebra Positions NFT-V2, has jumped by 49.80%, touching $2,056,914.
U.S. Ends 43-Day Shutdown, Hong Kong Launches EnsembleTX for Tokenized Banking
Concurrently, the crypto market has also recorded many other key developments over twenty-four hours. Hence, the U.S. President Donald Trump has officially signed a bill to end forty-three-day government shutdown to end the concerns of a wider mayhem, signaling a “yes” signal for a potential market rally.
Moreover, Hong Kong Monetary Authority has unveiled EnsembleTX to enable tokenized banking transfers. Furthermore, the Digital Economy Court of Dubai has ordered to freeze $456M in funds associated with Tron founder Justin Sun’s bailout of Techteryx.
