Crypto Market Cap Sees Modest Surge as Sentiment Remains Neutral

The crypto sector witnessed a slight uptrend on Friday. Hence, cumulative crypto market capitalization has surged to $2.68T with a 1.34% increase. In addition to this, the 24-hour crypto volume has jumped by 13.29%, reaching $107.18B. At the same time, the Crypto Fear & Greed Index stands at 49 points, showing “Neutral” sentiment among the market participants.

Bitcoin Drops by 1.76% and Ethereum Sees 0.81% Dip

The top cryptocurrency, Bitcoin ($BTC), is now changing hands at $78,970.06. This price level displays a 1.76% dip over the past 24 hours, while the market dominance of Bitcoin ($BTC) is 60.3%. Additionally, the flagship altcoin, Ethereum ($ETH), is currently trading at $2,225.08, highlighting a 0.81% drop. In the meantime, Ethereum’s ($ETH) market dominance is sitting at 10.2%.

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

Apart from that, the top crypto gainers of the day include Gold Pump Meme ($GPM), NOT ($CAT), and GameStop Coin ($GME), which are providing notable yields. Particularly, $GPM has seen a staggering 1645.59% rise, touching $0.01099. Following that, a 537.34% increase has placed $CAT’s price at $0.03991. Subsequently, $GME is now hovering around $0.001336, presenting a 477.81% growth.

DeFi TVL Records 1.67% Decrease and NFT Sales Volume Plunges by 29.76%

Simultaneously, the DeFi TVL has decreased by 1.67%, attaining the $84.931B spot. Additionally, the top DeFi project in terms of TVL, Lido, is 1.79% down while accounting for $19.502B. Nonetheless, when it comes to 1-day TVL change, zkFox is enjoying the top position in the DeFi sector, claiming a stunning 9622734% spike over the past twenty-four hours.

On the other hand, the NFT sales volume has slumped by 29.76%, reaching $8,409,844. Similarly, the top-selling NFT collection is 4.26% down at $1,295,317.

Australia Proposes Crypto Taxation Changes, Whale Bets $9.57M on $ZEC with 10x Leverage

The crypto market has also gone through many other key developments across the globe over the past 24 hours. In this respect, Australia is planning changes to crypto taxation in the latest budget proposal. Moreover, a whale has placed a huge $9.57M bet on $ZEC, opening a new long position of 17,137 $ZEC with a 10x leverage. Furthermore, a federal judge has procrastinated the $1.5B copyright settlement of Anthropic.