Crypto Market Holds Steady Amid Neutral Investor Sentiment

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Crypto market update shows a 1.08% rise in total market cap to $2.59T, with 24-hour volume up 8.40% to $76.17B. Market news indicates neutral sentiment at a Fear & Greed Index of 41. Bitcoin and Ethereum dipped slightly, while $CAT, $TRUMP, and $GME jumped over 500%. DeFi TVL rose 1.29%, NFT sales fell 13.55%. $MAPO crashed after a bridge hack, and NHN KCP started an Avalanche stablecoin pilot.
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The worldwide crypto market continues to show steady performance as the latest 24-hour data suggests. Hence, the total crypto market capitalization has reached $2.59T, indicating a 1.08% increase. Apart from that, the 24-hour crypto volume has undergone an 8.40% surge, reaching $76.17B. At the same time, the Crypto Fear & Greed Index is now standing at 41 points, highlighting “Neutral” sentiment among the market participants.

Bitcoin ($BTC) Drops by 0.19%, and Ethereum ($ETH) Sees 0.21% Dip

Particularly, the top cryptocurrency, Bitcoin ($BTC), is now trading at $77,805.20. This price level underscores a 0.19% dip while the market dominance of Bitcoin ($BTC) currently accounts for 60.1%. Additionally, the flagship altcoin, Ethereum ($ETH), has plunged by 0.21%, reaching a price level of up to $2,139.24. In the meantime, Ethereum’s ($ETH) market dominance sits at 10.0%.

$CAT, $TRUMP, and $GME Dominate Crypto Gainers of Day

Apart from that, the list of today’s notable crypto gainers includes NOT ($CAT), TRUMP AI ($TRUMP), and GameStop Coin ($GME). Specifically, $CAT has surged by a stunning 541.78%, hitting $0.01381. Following that, a 511.02% increase has placed $TRUMP’s price at $0.0002644. Subsequently, $GME is now hovering around $0.0001113, showing a 501.36% jump.

DeFi TVL Jumps by 1.29% and NFT Sales Volume Records 13.55% Slump

Simultaneously, the DeFi TVL has experienced a 1.29% increase, attaining the $83.235B spot. Additionally, the top DeFi project in terms of TVL, Lido, has spiked by 1.33%, touching $18.971B. Nonetheless, when it comes to 1-day TVL change, Foxify occupies the leading position in the DeFi market, claiming a staggering 1800051496% increase over the past twenty-four hours.

On the other hand, the NFT sales volume has dropped by 13.55% to touch $8,115,410. Even then, the top-selling NFT collection, Courtyard, has surged by 6.51%, reaching $1,258,932.

$MAPO Crashes After Bridge Hack, NHN KCP Launches Avalanche Stablecoin Pilot

Moving on, the crypto industry has also witnessed many other key developments across the globe over the past 24 hours. In this respect, a huge cross-chain bridge attack has led to the collapse of Map Protocol’s native $MAPO token.

Moreover, South Korea’s top payment entity, NHN KCP, has started a new pilot project for stablecoin payments via Avalanche. Furthermore, Nvidia has announced stock buybacks of $80M and an increased quarterly dividend from $0.01 to almost $0.25 per share.

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