Crypto Market Dips to $2.54T as Bitcoin and Ethereum Slide

The crypto industry has witnessed a slight decrease over the past 24 hours. Hence, the total crypto market capitalization presents a 0.12% dip while accounting for $2.54T. However, the 24-hour crypto volume has surged by 11.12%. At the same time, the Crypto Fear & Greed Index stands at 54 points, highlighting a “Neutral” sentiment among the investors.

Bitcoin Dips by 0.52% and Ethereum Sees 1.61% Plunge

The flagship crypto asset, Bitcoin ($BTC), is now trading at $74,669.20. This price level accounts for a 0.52% decrease while the market dominance of $BTC sits at 59.0%. In addition to this, the leading altcoin, Ethereum ($ETH), is currently trading at $2,319.26, presenting a 1.61% dip. In the meantime, $ETH’s market dominance is 11.1%.

$BPX, $GIB, and $BEER Lead Crypto Gainers of Day

Apart from that, the list of today’s key crypto gainers includes Black Phoenix ($BPX), gib ($GIB), and Beers ($BEER). Particularly, $BPX has jumped by a staggering 4018.69% to reach $0.1701. Subsequently, a 541.36% increase has placed $GIB’s price at $0.0002536. Following that, while hovering around $0.001511, $BEER highlights a 420.04% surge.

DeFi TVL Drops by 0.17% While NFT Sales Volume Surges by 15.12%

Simultaneously, the DeFi TVL has plunged by 0.17%, hitting the $97.956B mark. Additionally, the top DeFi project in terms of TVL, Aave, is 1.64% down at $25.985B. However, when it comes to 1-day TVL change, Mirakle Defi is the leading DeFi player, claiming a stunning 1341% rise over the past twenty-four hours.

In the same vein, the NFT sales volume has spiked by 15.12%, attaining the $10,076,221 spot. Similarly, the top-selling NFT collection, Courtyard, has surged by 16.18%, touching $1,266,061.

Circle Faces Legal Case after Drift Protocol Exploit of $280M, Indian Banking Platforms Stop Silver and Gold Imports

Concurrently, the crypto sector has seen many other key developments across the globe over 24 hours. In this respect, Circle is facing a lawsuit following the $280M exploit of Drift Protocol. Moreover, Drift Protocol is going to collect a total of $148M from Tether and other partners to use $USDT instead of $USDC for settlements. Furthermore, Indian banking institutions have stopped silver and gold import orders from diverse overseas suppliers, and significant amounts of the metals are halted at customs without any official order.