Crypto Landscape Sees Gradual Return Despite Extreme Fear

The crypto sector has again seen a comeback over the past 24 hours. Hence, the total crypto market capitalization has reached the $3.1T mark after a 2.96% rise. In addition to this, the 24-hour crypto volume has jumped by 6.62%, hitting $148.08B. However, the Crypto Fear & Greed Index stands at 18 points, still standing within the “Extreme Fear” zone.

Bitcoin Sees 3.96% Surge, and Ethereum Jumps by 2.70%

Bitcoin ($BTC) is changing hands at $91,008.63. This price level indicates a 3.96% increase over 24 hours. Concurrently, the market dominance of Bitcoin ($BTC) accounts for 58.5%. Additionally, Ethereum ($ETH) is trading at $3,025.98, disclosing a 2.70% spike. In the meantime, the market dominance of the flagship altcoin sits at 11.7%.

$CATX, $DOGEX, and $CAT Lead Daily Crypto Gainers

Apart from that, the list of leading crypto gainers includes CATX ($CATX), DOGEX ($DOGEX), and NOT ($CAT). Particularly, $CATX has surged by a staggering 3479.08%, reaching the $0.000005714 mark. Subsequently, $DOGEX’s 700.99% increase has placed its price at $0.0000001009. Following that, with a 589.57% rise, $CAT accounts for $0.006231 in terms of its current price.

DeFi TVL Records 2.67% Spike and NFT Sales Volume Surges by 11.98%

At the same time, the DeFi TVL has surged by 2.67%, attaining the $121.194B spot. Additionally, the top DeFi project in terms of TVL, Aave, has witnessed a 2.92% increase, touching $32.585B. However, when it comes to 1-day TVL spike, Notional occupies the leading position in the DeFi landscape, presenting a stunning 383609% growth over the past twenty-four hours.

Along with that, the NFT sales volume has also recorded a 11.98% jump, reaching the $11,023,079 figure. Nonetheless, the top-selling NFT collection, DMarket,  has plunged by 1.98%, claiming $1,158,029.

Australia Pushes New Crypto Bill, Nexton Secures $4M to Advance AI DeFi

Moving on, the crypto market has also experienced several other key developments across the globe over 24 hours. In this respect, Australia has unveiled a unique bill to regulate crypto entities in line with the current financial services policies.

Moreover, Singapore is planning to establish an institution-powered financial ecosystem to stand at a distance from crypto volatility. Furthermore, Nexton Solutions has obtained $4M in an exclusive strategic financing to push forward its AI-driven DeFi ecosystem.