Crypto Market Records Minor Decline Amid Volatility

The worldwide crypto sector has recently witnessed a slight plunge as the volatility is rising. Hence, the crypto market capitalization stands at $3.37T following a 0.29% dip. In addition to this, the 24-hour crypto volume has also slumped by 14.75% to reach the $110.79B mark. Concurrently, the crypto Fear & Greed index accounts for 55 points, showing a neutral position.

Bitcoin and Ethereum Witness 0.12% and 0.41% Decreases

Bitcoin ($BTC), the flagship crypto asset, is now changing hands at $109,136.85. This figure denotes a 0.12% decrease over the past twenty-four hours. Along with that, the market dominance of Bitcoin is nearly 64.4%.

At the same time, Ethereum ($ETH) is trading at $2,576.66. Based on this price level, the top altcoin has gone through a 0.41% dip over 24 hours. Additionally, Ethereum’s market dominance is up to 9.2% at the moment.

$FTW, $CATX, and $MUSK Dominate Crypto Gainers

Apart from that, Black Agnus ($FTW), CATX ($CATX), and OFFICIAL MUSK ($MUSK) are top among the leading crypto gainers of the day. In this respect, $FTW has seen a 2664.83% rise to touch $0.00000008090. Following that, $CATX enjoys a 1850.95% price increase while trading at $0.000005298. Subsequently, $MUSK has accounts for a 605.81% upsurge at $0.0004796.

DeFi TVL Jumps by 1.38% and NFT Sales Volume Sees 4.71% Upsurge

Simultaneously, the DeFi market’s cumulative TVL has jumped by 1.38% to touch the $116.464B spot. Specifically, AAVE maintains its peak position among the DeFi projects based on maximum TVL, enjoying $26.016B after a 1.43% increase. However, Brise Swap is standing atop the DeFi projects in terms of 1-day TVL upsurge, accounting for a 14278853179365951488% surge over 24 hours.

Similarly, the NFT landscape has also recorded a 4.71% increase in sales volume to reach $21,665,804. Particularly, Guild of Guardians Heroes is the most selling NFT collection, with its sales rising to $3,187,708 despite a 9.29% dip.

Citibank Scam Victim Sues 2 Other Banks While FTX Restricts Payouts Across 49 Jurisdictions

On the other hand, the crypto market has also recorded some surprising developments across the globe. Hence, the victim of a $20M scam, who filed lawsuit against Citibank over failure to detect red flags, has submitted analogous complaint against Cathay Bank and East West Bank.

Moreover, the Founder of WhiteRock Finance has been taken into custody in UAE in the case of a $30M fraud linked to ZKasino. Furthermore, FTX Recovery Trust has blocked creditor payouts across forty-nine jurisdictions due to crypto restrictions.