Crypto Market Experiences Minor Dip Amid Neutral Sentiment

The worldwide crypto market is witnessing a slight drop in the overall performance, as the leading crypto assets have turned red. Thus, the total crypto market capitalization has hit $322T, showing a 0.25% dip over the past 24 hours. In addition to this, the 24-hour crypto volume has also dipped by 26.65%, reaching $88.63B. Concurrently, the Crypto Fear & Greed Index stands “Neutral” at 50 points.

Bitcoin ($BTC) Drops by 0.56% and Ethereum ($ETH) Sees 0.59% Slump

Specifically, the flagship cryptocurrency, Bitcoin ($BTC), has gone through a 0.56% plunge. Due to this, its price has touched $95,221.94 while its market dominance accounts for 59.0%. Additionally, the leading altcoin, Ethereum ($ETH), is changing hands at $3,288.98, presenting a 0.59% drop. In the meantime, $ETH’s market dominance sits at 12.3%.

$CPM, $PEOPLE, and $TRUMP Dominate Crypto Gainers of Day

Apart from that, the list of today’s top gainers includes Crypto Pump Meme ($CPM), MAGA ($PEOPLE), and PEPE ($TRUMP). Particularly, $CPM has jumped by a staggering 4029.03%, touching $0.0002991. Subsequently, a 1723.51% rise has placed $PEOPLE’s price at $0.00004869. Following that, $TRUMP’s price is $0.00001722 after a 1409.28% increase.

DeFi TVL Records 0.05% Jump and NFT Sales Volume Spikes by 7.71%

Simultaneously, the DeFi TVL has seen a 0.05% surge, attaining the $128.751B figure. However, the leading DeFi project in terms of TVL, Aave, has dipped by 0.05%, reaching $36.034B. Nevertheless, when it comes to 1-day TVL change, Brise Swap has taken the leading position in the DeFi sector, claiming a stunning 3861631654862700544% increase over the past twenty-four hours.

Along with that, the NFT sales volume has also recorded a 7.71% increase, hitting the $8.301,090 spot. In the same vein, the top-selling NFT collection, CryptoPunks, has spiked by 44.68% to reach $818,318.

Ripple, UC Berkeley Launch UDAX on XRPL as White House Backs Coinbase on Crypto Policy

At the same time, the crypto industry has also experienced many other influential developments around the world. In this respect, Ripple and UC Berkeley have mutually unveiled University Digital Asset Xcelerator (UDAX) via XPL Ledger.

Moreover, the U.S. Senate Judiciary Committee has rejected prominent Blockchain Act provisions over their potential impact on market legislation activities. Furthermore, White House plans to pullback its support for the crypto market structure policy of the Senate Committee if Coinbase rejects coming on board.