The wider crypto sector is displaying signs of pressure, as the latest 24-hour data suggests. Hence, the total crypto market capitalization has dipped by 1.55%, hitting $2.56T. However, the 24-hour crypto volume has surged by 1.26% to reach $66.43B. At the same time, the Crypto Fear & Greed Index now stands at 39 points, showing the increasing “Fear” among the market participants.
Bitcoin ($BTC) Drops by 0.17%, While Ethereum ($ETH) Sees 0.34% Jump
Specifically, the flagship crypto asset, Bitcoin ($BTC), is now changing hands at $76,768.18. This price level denotes a 0.17% drop, while Bitcoin’s ($BTC) market dominance accounts for 60.1%. Nonetheless, the leading altcoin, Ethereum ($ETH), has surged by 0.34%, reaching $2,127.25 in terms of price. In the meantime, the market dominance of Ethereum ($ETH) currently sits at 10.0%.
$GPM, $CAT, and $MAGA Lead Crypto Gainers of Day
Apart from that, the list of today’s top crypto gainers includes Gold Pump Meme ($GPM), NOT ($CAT), and TRUMP MAGA ($MAGA). Particularly, $GPM has jumped by a staggering 1618.50% to touch $0.01099. Following that, a 580.33% increase has placed $NOT’s price at $0.04422. Subsequently, $MAGA is now hovering around $0.01098, expressing a 487.97% price rise.
DeFi TVL Plunges by 0.45%, Whereas NFT Sales Volume Spikes by 0.67%
Simultaneously, the DeFi TVL has slumped by 0.45%, claiming the $82.786B mark. Even then, the top DeFi project in terms of TVL, Lido, has spiked by 0.31%, attaining the $18.826B spot. Nevertheless, when it comes to 1-day TVL change, lendOS enjoys the top position in the DeFi sector, accounting for a stunning 5189% increase over the past twenty-four hours.
In the same vein, the NFT sales volume is 0.67% up at $7,762,441. Additionally, the top-selling NFT collection, Courtyard, has climbed by 7.55%, touching $1,162,251.
US SEC to Allow Use of Crypto Firms for Trading of Tokenized Stocks, Strategy Buys $2B in $BTC
Moving on, the crypto industry has also experienced many other notable developments over the past 24 hours. In this respect, the U.S. SEC is planning to permit the use of crypto entities to trade tokenized stocks. Moreover, Strategy has purchased $2B in $BTC amid the speculation of a local bottom. Furthermore, Bitwise has disclosed the plans to allocate 10% of the management fees coming from the $BHYP ETF to buy $HYPE tokens.