The crypto sector has made notable progress over the past 24 hours, showing continuation of the bullish trend. Hence, the total crypto market capitalization has jumped by $2.61T, indicating a 2.68% increase. In addition to this, the 24-hour crypto volume stands at $173.76B, signifying a 15.37% rise. At the same time, the Crypto Fear & Greed Index accounts for 61 points, showing “Greed” among the market participants.
Bitcoin ($BTC) Drops by 2.16% and Ethereum ($ETH) Plunges by 3.35%
Despite the overall market spike, the flagship crypto asset, Bitcoin ($BTC), has dipped by 2.16%. As a result of this, $BTC’s current price is $75,574.86 while its market dominance sits at 59.2%. Additionally, the leading altcoin, Ethereum ($ETH), has also dropped by 3.35%, reaching a price of up to $2,331.91. In the meantime, the market dominance of $ETH is 11.2%.
$DC, $BEER, and $MAGA Dominate Today’s Crypto Gainers
Apart from that, the list of top crypto gainers of the day includes Dogechain ($DC), Beers ($BEER), and TRUMP MAGA ($MAGA). In particular, $DC has jumped by a staggering 1040.31%, touching $0.00002824. Following that, a 491.31% surge has placed $BEER’s price at $0.06259. Subsequently, $MAGA is now hovering around $0.3695, showing a 435.44% increase.
DeFi Sees 7.39% Dip and NFT Sales Volume Records 21.68% Slump
Simultaneously, the DeFi landscape has plunged by 7.39%, claiming the $92.126B mark. Similarly, the top DeFi project in terms of TVL, Lido, has gone through a 3.21% dip to reach $22.042B. However, when it comes to 1-day TVL change, Ball Exchange is the leading player in the DeFi landscape, presenting a 249542% upsurge over the past twenty-four hours.
On the other hand, the NFT sales volume has decreased by 21.68%, attaining the $7,399,876 spot. In the same vein, the top-selling NFT collection, Courtyard, displays a 31.39% decrease at $989,418.
KelpDAO Incurs $293M in DeFi Exploit and BNB Chain Burns $1B in Tokens
Concurrently, the crypto landscape has also witnessed many other key developments over 24 hours. In this respect, KelpDAO has incurred more than $293M within 46 minutes in a recent DeFi hack.
Moreover, BNB Chain has accomplished the 35th quarterly auto-burn event on April 15 by burning $1B in tokens. Furthermore, the renowned players in the traditional finance, Citadel Securities and Charles Schwab, are planning to enter the rapidly growing prediction markets.
Source: https://blockchainreporter.net/crypto-market-continues-bullish-trajectory-as-greed-drives-investors-sentiment/
