Crypto Market Holds Steady Amid ‘Fear’ as Bitcoin and Ethereum Inch Higher

The crypto world is showing cautious optimism, as per the latest 24-hour data. In this respect, the total crypto market capitalization has reached $3.77T after a 0.40% increase. Nonetheless, the 24-hour crypto volume presents a huge 39.55% at $81.49B. At the same time, the Crypto Fear & Greed Index indicates “Fear” while sitting at 36 points.

Bitcoin Surged by 0.24% and Ethereum Sees 0.38% Rise

Particularly, the top crypto asset, Bitcoin ($BTC), is now trading at $111,622.62. This price level suggests a 0.24% rise, while Bitcoin’s market dominance accounts for 59.1%. Additionally, the leading altcoin, Ethereum ($ETH) is now changing hands at $3,945.62. This signifies a 0.38% increase while $ETH’s market dominance is standing at 12.6%.

$STOCK, $PBX, and $DOGS Dominate Crypto Gainers of Day

Apart from that, the top crypto gainers of the day take into account Coin Stock ($STOCK), Black Phoenix ($PBX), and HARRIS DOGS ($DOGS). Specifically, $STOCK has jumped by 369.15% to reach $81.81 in terms of price. Following that, $BPX’s current price is $2.81, underscoring a 779.65% increase. Subsequently, $DOGS is hovering around $0.003599 after a 530.71% spike.

DeFi TVL Records 0.10% Spike While NFT Sales Volume Plunges by 5.41%

Simultaneously, the DeFi TVL has grown by 0.10%, attaining the $152.274B spot. Additionally, the top DeFi project, Aave, has touched $38, representing a 0.69% increase. However, when it comes to 1-day TVL change, SpookySwap leads the DeFi market, accounting for a stunning 2226% rise over twenty-four hours.

On the other hand, the NFT sales volume has dropped by 5.41%, claiming the $13,573,286 mark. Nevertheless, the top-selling NFT collection, Pudgy Penguins, has surged by 35.98%, touching $1,033,339.

CZ Fortifies Ties with Kyrgyzstan While Ferrari Launches Crypto Token to Bring Racing to Blockchain

Moving on, the crypto sector has also gone through many other developments over 24 hours. In this respect, Binance founder Changpeng Zhao has announced the strengthening of ties with Kyrgyzstan to make the crypto exchange regional blockchain hub.

Moreover, StraitsX has raised $10M to expand its stablecoin portfolio. Furthermore, Ferrari is launching a unique crypto token, “Token Ferrari 499P,” to bring racing to thec blockchain ecosystem.