The broader cryptocurrency sector is showing signs of pressure, as the latest 24-hour data indicates. Hence the total Crypto market The market capitalization decreased by 1.55% to $2.56 trillion. However, 24-hour cryptocurrency trading volume increased by 1.26% to $66.43 billion. At the same time, the Cryptocurrency Fear and Greed Index now stands at 39 points, indicating growing “fear” among market participants.
Bitcoin (BTC) falls by 0.17%, while Ethereum (ETH) rises by 0.34%.
Specifically, the major crypto asset, Bitcoin ($BTC), is now trading at $76,768.18. This price level indicates a decline of 0.17%, while Bitcoin (BTC) market dominance represents 60.1%. However, the leading altcoin, Ethereum (ETH), rose 0.34%, reaching $2,127.25 in price. Meanwhile, Ethereum (ETH) market dominance currently stands at 10.0%.
$GPM, $CAT and $MAGA lead today’s crypto gainers
Apart from that, the list of top cryptocurrency gainers today includes Gold Pump Meme ($GPM), NOT ($CAT), and TRUMP MAGA ($MAGA). In particular, $GPM jumped by a staggering 1618.50% to $0.01099. Then, a 580.33% increase placed the $NOT price at $0.04422. After that, MAGA price is now hovering around $0.01098, indicating a price increase of 487.97%.
DeFi TVL volume fell by 0.45%, while NFT sales volume rose by 0.67%.
Meanwhile, DeFi TVL fell by 0.45%, hitting the $82.786 billion mark. Even then, Lido, the highest DeFi project in terms of TVL, rose 0.31%, reaching $18.826 billion. However, when it comes to changing TVL by one day, lindOS It holds the number one position in the DeFi sector, representing a staggering 5,189% increase over the past 24 hours.
Likewise, NFT sales volume rose 0.67% to $7,762,441. Additionally, the best-selling NFT collection, Courtyard, rose 7.55%, to $1,162,251.
US Securities and Exchange Commission Will Allow Cryptocurrency Companies to Use Token Stock Trading, Strategy Buys $2 Billion in BTC
Moving forward, the cryptocurrency industry has also witnessed several other notable developments over the past 24 hours. In this regard, the US Securities and Exchange Commission plans to allow the use of cryptocurrency entities to trade token stocks. Furthermore, Strategy bought $2 billion worth of BTC amid speculation of a local bottom. Furthermore, Bitwise revealed plans to allocate 10% of the management fees coming from the BHYP ETF to purchase $HYPE tokens.
