Crypto Sector Holds Steady with Continued Bearish Pressure

The crypto landscape is witnessing a steady momentum with fluctuating movements. Thus, the total market capitalization has surged by 0.31%, reaching the $3.04T mark. However, the 24-hour crypto volume has touched $139.01B after a 3.81% decrease. Concurrently, the Crypto Fear & Greed Index is standing at 34 points, showing “Fear” among the market participants.

Bitcoin Sees 0.25% Rise and Ethereum Jumps by 1.04%

Particularly, the flagship cryptocurrency, Bitcoin ($BTC), is trading at up to $89,3937.98. This price level indicates a 0.25% rise while the market dominance of $BTC is nearly 59.1%. Additionally, the leading altcoin, Ethereum ($ETH), is changing hands at $3,018.98, presenting a 1.04% increase. In the meantime, $ETH’s market dominance accounts for 12.0%.

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

Apart from that, the crypto gainers of the day include GameStop Coin ($GME), Beers ($BEER), and NOT ($CAT). Specifically, $GME has surged by a staggering 1801.99%, hitting the $0.0001515 mark. Following that, a 1756.19% increase has placed $BEER’s price at $0.01655. Subsequently, $CAT has jumped by 1475.67%, reaching $0.5445.

DeFi TVL Records 1.46% Increase and NFT Sales Volume Surges by 30.85%

Simultaneously, the DeFi TVL has recorded a 1.46% spike, touching the $121.229B spot. Additionally, the top DeFi project, Aave, has seen a 1.97% increase, attaining the $33.803B mark. Nevertheless, when it comes to 1-day TVL change, Mirakle Defi claims the leading place within the DeFi sector, accounting for a 7047% jump over the past twenty-four hours.

In the same vein, the NFT sales volume has climbed by 30.85% to reach $30,360,572. At the same time, the top-selling NFT collection, Flying Tulip PUT, now sits at $22,421,914 after a 52.62% increase.

Saga Blockchain Halts Operations After $7M Hack as Thailand Moves Toward ETF Rules

Moving on, the crypto industry has gone through many other impactful developments over 24 hours. In this respect, Saga Blockchain has immediately halted its operations following a shocking $7M Breach.

Moreover, Thailand has revealed its strategy to implement ETF regulations amid the growing institutional interest. Furthermore, Circle has given its earliest international grant to the Digital Hub of Treasury Solutions (DHoTS) of the UN, backing endeavors for seamless value transactions.