‘Fear’ Dominates Crypto Market Amid Weak Sentiment

The global crypto sector is witnessing weakened sentiment amid the bearish movements. Thus, the total crypto market capitalization has touched $3.06 after a 0.43% decrease over the past 24 hours. In addition to this, the 24-hour crypto volume has also seen a 4.65% plunge, reaching $97.04B. At the same time, the Crypto Fear & Greed Index stands at 24 points, presenting a considerable “Fear” prevailing across the market.

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Bitcoin Drops by 0.44% While Ethereum Sees 0.55% Increase

Particularly, the leading cryptocurrency, Bitcoin ($BTC), is now trading at $89,723.22. This price level indicates a 0.44% decrease, while $BTC’s market dominance accounts for 58.6%. Additionally, the flagship altcoin, Ethereum ($ETH), is changing hands at $3,123.50, underscoring a 0.55% increase. In the meantime, the market dominance of Ethereum sits at 12.3%.

$BOOGIE, $AVATAR, and $MAGA Lead Top Crypto Gainers of Day

Apart from that, Boogie ($BOOGIE), Avatar 3 ($AVATAR), and TRUMP MAGA ($MAGA) are dominating the list of top daily crypto gainers. Specifically, $BOOGIE has jumped by a staggering 1285% to hit $0.00009693. Subsequently, $AVATAR’s price has reached $0.000000000001491 with a 1098.55% rise. Following that, $MAGA’s 836.27% surge has placed its price at $0.002965.

DeFi TVL Surges by 0.60% and NFT Sales Volume Records 1.85% Spike

Simultaneously, the DeFi TVL has also gone through a 0.60% increase, hitting $122.681B. Additionally, the top DeFi project, Aave, has touched the $33.975B mark. However, in the case of 1-day TVL change, ETCswap has claimed the top position in the DeFi sector while accounting for 3565% surge over twenty-four hours.

Along with that, the NFT sales volume has gone through a 1.85% increase, touching $9,856,700. At the same time, the top-selling NFT collection, $ORDI+ BRC-20 NFTs, has jumped to $741,323.

Zodia Receives MiCA License for EU Operations and Circle Initiatives $USDCx Pilot via Aleo Network

Moving on, the crypto industry has also experienced many other notable advancements over 24 hours. In this respect, Zodia Custody has obtained a MiCA License to carry out operations in the EU. Moreover, Exor, the owner of Juventus, has dismissed Tether’s endeavors for a takeover above €1B. Furthermore, Circle has launched a pilot for $USDCx, a privacy-preserving stablecoin, via Aleo Network.