Crypto Market Slips as Investor Sentiment Stays Neutral

The global crypto landscape has witnessed a slight downturn over the past 24 hours. Hence, the total crypto market capitalization has dropped by 2.03% to reach $3.11T. In addition to this, the 24-hour crypto volume stands at $104.99B, showing a 23.77% decrease. At the same time, the Crypto Fear & Greed Index accounts for 43 points, displaying a “Neutral” sentiment among the market participants.

Bitcoin Drops by 1.93% and Ethereum Records 3.31% Dip

The top crypto asset, Bitcoin ($BTC), is trading at $90,694.28, highlighting a 1.93% drop in its price. Additionally, the market dominance of $BTC is hovering around 58.3%. Along with that, the flagship altcoin, Ethereum ($ETH), is changing hands at $3,139.08. This indicates a 3.31% decrease in its price. In the meantime, $ETH’s market dominance is almost 12.2%.

$CPM, $TURBO, and $GROK Dominate Crypto Gainers of Day

Apart from that, the top crypto gainers of today take into account Crypto Pump Meme ($CPM), Turbo Trump ($TURBO), and SORA GROK ($GROK). Specifically, $CPM has risen by 1860.40%, hitting $0.0002496 in price. Subsequently, a 473.01% rise has placed $TURBO’s price at $0.4348. Following that, $GROK is changing hands at $0.07440 after a 447.2% increase.

DeFi TVL Plunge by 2.76% and NFT Sales Volume Sees 18.88% Slump

Simultaneously, the DeFi TVL has dipped by 2.76%, touching a $124.697B mark. Additionally, the top DeFi project, Aave, is now sitting at $34.9B after a 2.39% slump. Nonetheless, when it comes to 1-day TVL change, zkBoost has claimed the top status in the DeFi market, signifying a 115163% spike over the past twenty-four hours.

Contrarily, the NFT sales volume has slumped by 18.88%, touching $7,876,214. Even then, the top-selling NFT collection, CloneX, has climbed by 291.94%, reaching $718,313.

Morgan Stanley Submits Spot ETF filing for Ethereum ($ETH), Wyoming Introduces $FRNT Stablecoin

Concurrently, the crypto industry has also gone through many other noteworthy developments over 24 hours. In this respect, Morgan Stanley has also filed for spot Ethereum ($ETH) ETF after Solana ($SOL) and Bitcoin ($BTC).

Moreover, Wyoming has unveiled the $FRNT stablecoin to decrease costs and advance payments. Furthermore, Ripple has acquired another entity, Solvexia, indirectly following spending up to $1B.