Crypto Sector Sees Gradual Comeback as Top Assets Turn Green

The crypto market is witnessing a relief from the aggressive selling pressure witnessed lately. Thus, the total crypto market capitalization has surged by 1.32%, hitting the $3.03T mark over the past 24 hours.

Additionally, the 24-hour crypto volume has also reached $151.28B after a 16.39% rise. At the same time, the Crypto Fear & Greed Index has also gone through a slight increase from the previous 10 points to claim 15 points while still lingering in the “Extreme Fear” category.

Bitcoin Witnesses Slight 0.79% Rise and Ethereum Surges by 2.19%

Specifically, the leading crypto asset, Bitcoin ($BTC), is now trading at $88,160.64. This price indicates a 0.79% increase. In addition to this, the market dominance of Bitcoin ($BTC) accounts for 58.1%. In the same vein, the flagship altcoin, Ethereum ($ETH) is changing hands at $2,931.32, presenting a 2.19% upsurge. In the meantime, its market dominance stands at 11.7%.

$AXOME, $BPX, and $SQUID Dominate Daily Crypto Gainers

Adding to this, the list of the top daily crypto gainers takes into account Axoloti Token ($AXOME), Black Phoenix ($BPX), and Squid Game ($SQUID) in the leading positions. Particularly, $AXOME’s price has touched $0.0002492 after a staggering 4311.10% increase. Subsequently, a 1291.58% spike has placed $BPX’s price at $0.9016. Following that, $SUID accounts for an 856.58% jump while trading at $0.002303.

DeFi TVL Jumps by 2.86% and NFT Sales Volume Records 14.23% Spike

Moving on, the DeFi TVL has recorded a 2.86% hike, attaining the $117.523B mark. Additionally, the top DeFi project in terms of TVL, Aave, sits at $31.86B, led by a 1.41% rise. However, when it comes to 1-day change in TVL, Brise Swap dominates the market, claiming a stunning 3874960639453110272% increase over the past twenty-four hours.

Similarly, the NFT sales volume has gained a 14.23% increase, reaching $12,326,142. However, the top-selling NFT collection, DMarket, has faced a 22.53% plunge at $932,941.

Binance Founder Faces Lawsuit for Allegedly Helping Terrorist Groups, Google Joins Meta for Native AI Chips

Simultaneously, the crypto industry has also seen many other notable developments over 24 hours. In this respect, over three hundred victims impacted by the Israel-targeted attacks have sued Binance and its founder, Changpeng Zhao (CZ), for allegedly helping cryptocurrency payments for terrorist groups.

Moreover, Japan has unveiled plans to establish unique reserve regulations for crypto exchanges for better protection against hacks. Furthermore, Google has collaborated with Meta for the launch of natively produced AI chips.