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Crypto Market Records Slight Uptake While Fear Still Dominates Market Momentum
The global crypto market has gone through a minor growth following the recent downtrend. Hence, the total crypto market capitalization has hit $2.93T after a 0.54% increase. In addition to this, the 24-hour crypto volume has surged by 20.07%, reaching the $140.22B mark. However, the Crypto Fear & Greed Index still stands within the “Fear” zone while accounting for 21 points.
Bitcoin Rises by 1.25% And Ethereum Sees 3.12% Increase
Specifically, the top crypto asset, Bitcoin ($BTC) is changing hands at $86,715.16, displaying a 0.25% rise. Additionally, the market dominance of the leading cryptocurrency sits at 59.2%. Similarly, the flagship altcoin, Ethereum ($ETH), is trading at $2,913.00, highlighting a 3.12% increase. In the meantime, the market dominance of Ethereum ($ETH) is almost 12.0%.
$MOOMOO, $TURBO, and $GME Dominate Crypto Gainers of Day
Apart from that, the list of today’s leading crypto gainers takes into account MOOMOO THE BULL ($MOOMOO), Turbo Trump ($TURBO), and GameStop Coin ($GME). Particularly, $MOOMOO has witnessed a staggering 3593.81% jump, reaching the price level of $0.0002505. Following that, after a 520.76% increase to touch $0.04080. Subsequently, a 4965.60% surge has placed $GME’s price at $0.0006202.
DeFi TVL Drops by 0.59% While NFT Sales Volume Jumps by 19.35%
Simultaneously, the DeFi TVL has plunged by 0.59%, claiming the $115.931B mark. Nonetheless, the top DeFi project, Aave, has undergone a slight 0.25% increase to reach $2.537B. On the other hand, in the case of 1-day TVL change, DegenSwap leads the market, attaining a stunning 58592% spike over the past twenty-four hours.
At the sme time, the NFT sales volume has climbed by 19.35%, touching $11,171,650. Additionally, the top-selling NFT collection, $ORDI+ BRC-20 NFTs, has jumped by 5143.03%, hitting $865,308.
Fetch.ai Plans Automated Payment Network, Coinbase Sues U.S. States Over Prediction Market Oversight
Concurrently, the crypto market has also seen over 24 hours. In this respect, Fetch.ai plans to launch a payment network to permit agents to execute deposits and buyouts on the behalf of users.
Moreover, Coinbase has filed a lawsuit against Michigan, Connecticut, and Illinois over a legal issue related to state authority for the regulation of prediction markets. Furthermore, the U.S. Senate has confirmed the appointment of the crypto proponent Mike Selig for the CFTC’s leadership.