Crypto Market Sees Steady Gains as Sentiment Turns ‘Neutral’

Over the past 24 hours, the crypto landscape has witnessed steady growth. Thus, the total crypto market capitalization has reached $3.12T, displaying a 1.54% increase. However, the 24-hour crypto volume has plunged by 38.51% to reach $72.03B. At the same time, the Crypto Fear & Greed Index has finally turned “Neutral,” while sitting at 40 points, following a prolonged bearish momentum.

Bitcoin Surges by 1.55% and Ethereum Witnesses 1.25% Rise

Specifically, the flagship crypto asset, Bitcoin ($BTC), is changing hands at $91,337.31. This price indicates a 1.55% rise while Bitcoin’s market dominance is currently hovering around 58.6%. In addition to this, the leading altcoin, Ethereum ($ETH), is trading at $3,145, presenting a 1.25% jump in price. In the meantime, its market dominance stands at 12.2%.

$ELEVATE, $FAFO, and $PEOPLE Dominate Crypto Gainers of Day

Apart from that, the list of daily crypto gainers includes Elevate ($ELEVATE), FAFO ($FAFO), and MAGA ($PEOPLE). In this respect, $ELEVATE has surged by 1639%, hitting $0.1252 in price. Following that, with a 1021.54% increase, $FAFO’s price has touched 0.002281. Subsequently, $PEOPLE is now trading at $0.000001307 after a 564.64% rise.

DeFi TVL Record 0.82% Spike While NFT Sales Volume Plunges by 43.95%

Simultaneously, the DeFi TVL has seen a slight 0.82% surge, reaching $124.187B. Additionally, the top DeFi project, Aave, has jumped by 1.54%, attaining the $34.958B mark. Nevertheless, in the case of 1-day TVL change, Spherium has gained the top position in the DeFi sector, claiming a 567% increase over the past twenty-four hours.

On the other hand, the NFT sales volume has dropped by 32.95%, accounting for $5,940,569. Along with that, the top-selling NFT collection, $PI BRC-20 NFTs, is now hovering around $537,824 in terms of sales volume.

U.S. Congress Eyes Insider Trading After $630K Episode, Trump Vows to Get Back Supposedly Stolen Oil worth of $17T by Venezuelan President

Moving on, the crypto industry has also recorded several other key developments across the globe over 24 hours. In this respect, the U.S. Congresswoman Ritchie Torres (D-N.Y.) has planned to unveil a bill to restrict insider trading after witnessing the huge profit of $630,484  by insider wallets on Polymarket.

 Moreover, the U.S. President Donald Trump has accused Venezuela and its President Nicolás Maduro of allegedly stealing oil worth of $17T from the U.S. while also promising to get it back. Furthermore, IO.net has announced that it will unlock 14.14M tokens on the 11th of January.