Crypto Market Shows Stalled Momentum Amid Prevailing Neutral Sentiment

The crypto sector has witnessed mild movements amid a mixed outlook. Hence, the total crypto market capitalization accounts for a total of $2.58T after a slight 0.61% rise. However, the 24-hour crypto volume has dropped by 8.51%, reaching $117.71B. At the same time, the Crypto Fear & Greed Index is standing at 43 points, signaling “Neutral sentiment among the market participants.

Bitcoin ($BTC) Drops by 2.38% and Ethereum ($ETH) Sees 3.88% Dip

Particularly, the top crypto asset, Bitcoin ($BTC), is now changing hands at $75,396.41. This price level highlights a 2.38% decrease while Bitcoin’s ($BTC) market dominance is 59.9%. Additionally, the flagship altcoin, Ethereum ($ETH), is now trading at $2,235.49, displaying a 3.88% dip. In the meantime, the market dominance of $ETH accounts for 10.9%.

Wrapped Everscale ($WEVER), TRUMP AI ($TRUMP), and TRUMP MAGA ($MAGA) Lead Crypto Gainers of Day

Apart from that, the list of today’s leading crypto gainers includes Wrapped Everscale ($WEVER), TRUMP AI ($TRUMP), and TRUMP MAGA ($MAGA). Specifically, Wrapped Everscale ($WEVER) indicates a staggering 2291.56% increase, hitting the $0.07478 mark. Subsequently, a 453.36% rise has placed TRUMP AI’s ($TRUMP) price at $2.30. Following that, TRUMP MAGA ($MAGA) is now hovering around $0.01843, after a 361.53% jump.

DeFi TVL Slumps by 0.15% While NFT Sales Volume Records 21.53% Rise

Simultaneously, the DeFi TVL has plunged by 0.15%, touching the $83.038B spot. In the same vein, the top DeFi project in terms of TVL, Lido Finance, is 3.83% down at $20.771B. Nonetheless, when it comes to 1-day TVL change, cytoswap is the top player in the DeFi sector, claiming a stunning 2647% spike over the past twenty-four hours.

Similarly, the NFT sales volume has jumped by 21.53%, attaining the $6,509,125 mark. Additionally, the top-selling NFT collection, Courtyard, is 4.13% up at $1,107,987.

Binance Onboards Spot Pair $USD/$KZT, Trading Bot While Coordinated Crypto Crackdown Results in 276 Arrests

Moving on, the crypto landscape has also gone through many other key developments across the globe over the past 24 hours. In this respect, Binance has added the spot pair $USDT/$KZT, along with introducing a trading bot feature.

Moreover, a major coordinated crackdown conducted by Dubai police, China’s Ministry of Public Security, and the Federal Bureau of Investigation against crypto scammers has led to 276 arrests across the globe. Furthermore, Galaxy Digital has posted a total $216M loss in its Q1 Earnings.

Source: https://blockchainreporter.net/crypto-market-shows-stalled-momentum-amid-prevailing-neutral-sentiment/