Crypto Market Holds Steady While Sentiment Remains in ‘Extreme Fear’ Territory

The worldwide crypto market displays a relatively steady movement in line with the latest 24-hour data. Thus, the crypto market capitalization has reached $3.25T, indicating a 0.24% dip. In addition to this, the 24-hour crypto volume stands at $112.63B, presenting a 49.75%. Concurrently, the Crypto Fear & Greed Index accounts for 18 points, highlighting “Extreme Fear.”

Bitcoin Drops by 0.10% While Ethereum Sees 1.27% Rise

Particularly, the flagship cryptocurrency, Bitcoin ($BTC), is trading at $95,905.36. This price level discloses a 0.10% dip over 24 hours. Additionally, the market dominance of the leading crypto asset is 58.7%. On the other hand, Ethereum ($ETH) is changing hands at $3,209.80, denoting a 1.27% increase. In the meantime, the market dominance of the top altcoin is 11.8%.

$MAGA, $FISH2, and $GROK Lead Crypto Gainers of Day

Along with that, TRUMP MAGA ($MAGA), FISH2 ($FISH2), and SORA GROK ($GROK) are the leading crypto gainers of the day. Specifically, $MAGA has seen a 913.60% surge, reaching the $0.1396 mark. Following that, $FISH2 presents a 576.62% while trading at $0.004103. Subsequently, $GROK’s 485.55% increase has pushed its price to $0.6312.

DeFi TVL Surges by 0.41% Whereas NFT Sales Volume Records 21.38% Slump

Simultaneously, the DeFi TVL has jumped by 0.41%, attaining the $126.818B. However, the top DeFi project based on TVL, Aave, has dropped by 1.67%, reaching $33.107B. Additionally, in the case of 1-day TVL change, pSTAKE Finance enjoys the leading position in the DeFi sector, accounting for a 33400320% increase.

Contrarily, the NFT sales volume is $9,534,823, displaying a 21.38% plunge. Even then, the top-selling NFT collection, Courtyard, has surged by 26.66%, claiming the $675,912 spot.

SEC Pushes New Crypto Rules, Balancer Suffers $6.36M Hack

At the same time, the crypto market has also experienced many other notable developments over 24 hours. In this respect, the SEC Chair has pushed for unique crypto categories to conclude regulatory uncertainty. Moreover, ARK Invest is accelerating its crypto exposure by purchasing Bullish and BitMine Shares. Furthermore, Balancer has witnessed shocking hacks, resulting in the laundering of 2,000 $ETH ($6.36M).