Crypto Market Holds Steady Amid Slight Altcoin Dip

The overall crypto sector is going steady amid a decline in the altcoin sector. As per new data, the crypto market cap is $3.10T after a 0.17% drop. Additionally, the Fear & Greed Index is also “neutral” at 56, which shows community’s rising interest in the crypto market.

$BTC and $ETH Stay Green While Other Top Altcoins See Slight Price Drops

Bitcoin ($BTC) is trading at $94,951 following a 0.09% price rise while its market dominance is 60.87% after a 0.26% jump. In addition to this, Ethereum ($ETH) has surged by 0.38% to reach $1,810 and its market dominance is 7.06% after a 0.56% spike. However, the other altcoins like $SOL, $TRX, $XRP, and $BNB have recorded 0.26%, 1.53%, 1.85%, and 0.64% dips, respectively. This shows a slight slump in the altcoin market.

$PASTERNAX and $XMR Lead Daily Crypto Gainers

The top crypto gainers include $PASTERNAX and $XMR among the small and large-cap crypto assets. $PASTERNAX and $XMR present 214% and 3.39% price increases at $0.0148 and $278 respectively. Additionally, their market caps have touched $12.9M and $5.14B.

DeFi TVL Drops by 0.38% Whereas NFT Sector Witnesses a 3.99% Rise

Just like the short-term bearish sentiment in the altcoin sector, the DeFi landscape has seen a 0.38% plunge in its TVL that has reached $100.146B. AAVE maintains its 1st position among DeFi projects as its total value locked has touched $19.751B.

Along with that, Butter Network has gained the top rank in the DeFi sector in the case of TVL growth, accounting for a stunning 1706802% upsurge. On the other hand, the NFT sector has effectively gained a 3.99% increase in the overall sales volume that has touched $15,024,537. The top NFT collect in terms of sales is Courtyard with a 41.97% surge in sales. Thus, its sales volume comprises $3,246,216.

Trump Media to Launch Truth Social Token

In the institutional crypto sphere, Onto, Miden, and Camp Network have recently made notable collections in funding rounds. These funding events account for $14.4M, $25M, and $25M respectively. Simultaneously, Trump Media is potentially planning to launch a crypto utility token to serve the Truth Social ecosystem. Apart from that, BlackRock has submitted a filing to mirror the $150 billion money market fund thereof on blockchain.