Crypto Market Enters Bullish Momentum as Market Cap Hits $3.15T

Over the past 24 hours, the crypto sector has recorded a bullish shift. Hence, the total crypto market capitalization has jumped by 7.15%, hitting $3.15T. In addition to this, the 24-hour crypto volume has reached $164.59B after a 7.81% increase. Concurrently, the Crypto Fear & Greed Index still shows “Fear” while sitting at 22 points.

Bitcoin Slips by 1.38% and Ethereum Sees 1.07% Plunge

Particularly, the leading crypto asset, Bitcoin ($BTC), has seen a slight 1.38% dip. As a result, its price now accounts for $91,954.25 while its market dominance stands at 59.1%. Additionally, the top altcoin, Ethereum ($ETH), is hovering around $3,155.47, displaying a 1.07% decrease. In the meantime, Ethereum’s market dominance has reached 11.7%.

$TSLA, $TRUMP, and $PEOPLE Lead Crypto Gainers of Day

Apart from that, the list of daily crypto gainers includes Tesla ($TSLA), PEPE ($TRUMP), and MAGA ($PEOPLE) in the top positions. Specifically, with a staggering 789.57% rise, $TSLA stands atop while its price has touched $102.81. Following that, a 540.81% increase has placed $TRUMP’s price at $0.000001255. Subsequently, with its price reaching $0.000001691, $PEOPLE enjoys a 469.34% surge.

DeFi TVL Slumps by 0.74% and NFT Sales Volume Undergoes 19.70% Drop

Simultaneously, the DeFi TVL has dropped by 0.74%, claiming the $122.646B mark. Additionally, a 0.94% decrease has pushed the top DeFi project Aave’s TVL to $33.191B. However, when it comes to 1-day TVL change, Credix has taken the top place in the DeFi sector, attaining a stunning 2358524% spike over the past twenty-four hours.

On the other hand, the NFT sales volume has dipped by 19.70%, hitting $10,797,710. At the same time, the top-selling NFT collection, $X@AI BRC-20 NFTs, is now accounting for $809,337 in sales volume.

CNBC Taps Kalshi for Prediction Data, EU Commission Starts Inquiry into Latest AI Policy of Meta

Moving on, the crypto industry has witnessed many other noteworthy developments over 24 hours. In this respect, CNBC has partnered with Kalshi to provide viewers with prediction data.

 Moreover, Italy-based Securities and Markets Authority (Consob) has declared 30th of December as the deadline for Virtual Asset Service Providers (VASPs) to submit applications for Crypto Asset Service Providers (CASP) licenses. Furthermore, the EU Commission has begun an antitrust inquiry into the unique AI policy of Meta for WhatsApp.