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The cryptocurrency market is witnessing a considerable downtrend, as the 24-hour data suggests. In this respect, the total crypto market capitalization has reached $3.89T after a 1.63% dip. However, the 24-hour crypto volume has surged by 59.58% to reach the $218.55B mark. Concurrently, the Crypto Fear & Greed Index has further dropped to 40 points within the “Neutral” zone.
Particularly, Bitcoin ($BTC) is changing hands at $112,902.78. This price level indicates a 1.31% decrease while the top crypto asset’s dominance sits at 57.8%. In addition to this, the leading altcoin, Ethereum ($ETH), is now trading at $4,193.06. This presents a 2.10% drop in the meantime, while it accounts for 13.0% market dominance.
Simultaneously, the crypto gainers of the day take into account THUG ($THUG), Peepo ($PEEPO), and Coloniume Network ($CLNX) in the top positions. Specifically, $THUG has jumped by a staggering 1668.70%, reaching $0.0000004080.
Subsequently, $PEEPO is now trading at $0.0002289 after a 642.93% rise. Following that, $CLNX has surged to $0.4179 after a 523.50% increase.
Apart from that, the DeFi TVL has plunged by 3.65%, reaching the $153.557B spot. Additionally, the top DeFi project in terms of TVL, Aave, has also seen a 3.21% dip, attaining the $40.469B figure. Nonetheless, when it comes to 1-day TVL change, HipPoWSwap stands in the top position among the DeFi projects, accounting for a stunning $14335813% growth over twenty-four hours.
Along with that, the NFT sales volume has witnessed a slight 0.86% rise, touching $13,602,931. However, the top-selling NFT collection, DMarket, has recorded a 5.36% slump at $912,658.
Moving on, the crypto market has also seen many influential developments over 24 hours. In this respect, on September 23rd, Binance is planning to roll out a modular L2 Hemi Protocol to offer trading pairs for key currencies along with a significant $BNB airdrop.
Moreover, UAE has committed to OECD-built worldwide crypto taxation data-sharing agenda, Crypto-Asset Reporting Framework (CARF). Furthermore, the Trump family-led World Liberty Financial (WLFI) is going to release a debit card and retail app in the near term.
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