Crypto Market Maintains Steady Momentum as Sentiment Remains Neutral

The global crypto sector is going through cautious stability, as the last 24-hour data indicates. Hence, the cumulative crypto market capitalization has reached $2.59T, showing a modest 0.02% increase. In addition to this, the 24-hour crypto volume has also surged by 1.61%, reaching $77.1B. At the same time, the Crypto Fear & Greed Index is now standing at 40 points, expressing “Neutral” sentiment among the market participants.

Bitcoin ($BTC) Drops by 0.43%, and Ethereum ($ETH) Sees 0.34% Dip

Particularly, the leading cryptocurrency, Bitcoin ($BTC), is now trading at $77,387.60. This indicates a 0.43% dip while Bitcoin’s ($BTC) market dominance stands at 60.0%. Additionally, the top altcoin, Ethereum ($ETH), is currently changing hands at $2,126.54, displaying a 0.34% decrease. In the meantime, the market dominance of Ethereum ($ETH) accounts for 9.9%.

$GPM, $TRUMP, and $BEER Lead Crypto Gainers of Day

Apart from that, the prominent among the top crypto gainers of the day are Gold Pump Meme ($GPM), PEPE ($TRUMP), and Beers ($BEER). Specifically, $GPM has jumped by a staggering 1592.02% to reach the price level of up to $0.01098. Following that, a 526.03% increase has placed $TRUMP’s price at $0.00001016. Subsequently, $BEER is now hovering around $0.001263, expressing a 508.97% rise.

DeFi TVL Records 0.63% Growth and NFT Sales Volume Jumps by 12.82%

Simultaneously, the DeFi TVL has spiked by 0.63%, attaining the $83.315B mark. Nonetheless, the top DeFi project in terms of TVL, Lido, has plunged by 0.20%, touching the $18.933B spot. Nevertheless, when it comes to 1-day TVL change, CrossChain Bridge has become the top DeFi player, securing a 194171% growth over the past twenty-four hours.

Similarly, the NFT sales volume is 12.82% up at $8,533,116. Even then, the top-selling NFT collection, Courtyard, is 8.72% down at $1,192,022.

South Korea Reviews Crypto Tax Removal, $SOL Whales Boost Holdings 60%

Concurrently, the crypto industry has also experienced many other key developments over the past 24 hours. In this respect, South Korea is planning to review a motion that requests the abolition of up to 22% crypto taxation set to be implemented in 2027.

Moreover, the top hundred Solana ($SOL) whales have purchased millions in $SOL, elevating holdings by 60% amid rising breakout hopes. Furthermore, Sui has unveiled gasless stablecoin transactions for seven tokens, including $USDC.