Crypto Market Experiences Mixed Trends as Market Uncertainty Grows

The crypto sector is witnessing mixed trends as the prominent cryptocurrencies indicate while crypto market uncertainty grows.  The cumulative crypto market capitalization has reached $3.31T after a 0.52% drop while 24-hour crypto volume shows a 2.16% dip at $103.18B. Nonetheless, the crypto Fear & Greed index remains neutral at 55 points.

Bitcoin and Ethereum See 0.32% and 0.55% Price Dips

Bitcoin ($BTC) has seen a minor decrease of 0.32% while trading at $105,133.87. Additionally, the market dominance of the top crypto asset stands at 63.2%. Apart from that, Ethereum ($ETH) has also noticed a 0.55% drop while changing hands at $2,628.30. Concurrently, the market dominance of the flagship altcoin has reached 9.6%.

$BPX, $CSTAR, and $FTW Dominate Crypto Gainers

The top crypto gainers of the day include Black Phoenix ($BPX), Coinstar ($CSTAR), and Black Agnus ($FTW) in the peak positions. In this respect, $BPX accounts for a stunning 4508.37% rise, with its price standing at $1.14. Subsequently, $CSTAR’s price is $0.006455 after a noteworthy 3283.79% upsurge. Following that, a 1634.79% increase has raised $FTW’s price to $0.00000005167.

DeFi TVL Rises by 0.39% While NFT Sales Volume Records 9.13% Increase

Simultaneously, the cumulative TVL of the DeFi sector has touched $112.956B after a 0.39% increase. Along with that, the top DeFi project with maximum TVL is AAVE. Nevertheless, when it comes to TVL increase over 24 hours, HipPowSwap is atop others with a staggering 16578404% 1-day rise.

Similarly, the NFT sales volume has also displayed a 9.13% jump, reaching $18,399,620. In addition to this, Courtyard has gained the top spot among NFT collections in terms of sales volume, recording $2,335,778.

SEC Secures $1.1M in a Legal Victory Whereas El Salvador and U.S. Discuss Crypto Cooperation

At the same time, the broader crypto sphere has also gone through important developments. In this respect, the U.S. SEC has secured a $1.1M legal triumph against the alleged crypto scammer Keith Crews who didn’t show up in the court.

Moreover, the El Salvadoran President Nayib Bukele visited U.S. President’s Digital Asset Advisory Board’s Executive Director Bo Hines, discussing cooperation regarding digital assets like Bitcoin. Furthermore, California is planning to adopt cryptocurrency to allow state payments as Assembly Bill 118 has been approved with 68-0 vote.