Crypto Market Stays Resilient Amid Slight Shift While Sentiment Shows ‘Greed’

Crypto sector is currently showing a resilient outlook despite slight drops. As per the exclusive market data, the total crypto market cap has witnessed a minor 0.76% dip to $3.86T. In addition to this, the 24-hour crypto volume has also plunged by 24.89% to reach $185.3B. Nonetheless, the crypto Fear & Greed index is still in the “Greed” zone while accounting for 69 points.

Bitcoin Records 0.37% Rise and Ethereum Sees 3.06% Increase

Particularly, Bitcoin ($BTC) is trading at $118,550.56. This price level indicates a 0.37% increase over past 24 hours. At the same time, the market dominance of the flagship crypto asset stands at 61.0%. Additionally, Ethereum ($ETH) is now changing hands at $3,7,68.27, displaying a 3.06% price upsurge.

In the meantime, the top altcoin has also reached 11.1% in terms of overall market dominance. Apart from that, Ripple ($XRP) and Dogecoin ($DOGE) are also making notable progress with 2.44% and 7.05% price increases.

$SWOL, $AUTO, and $GROK Lead Crypto Gainers of Day

Concurrently, Snowy Owl ($SWOL), Auto ($AUTO), and SORA GROK ($GROK) stand atop crypto gainers. In this respect, $SWOL has recorded a stunning 662.25% surge to reach $0.0001467. Along with that, $AUTO has attained the $19.45 mark after a 410.59% increase. Subsequently, $GROK has seen a 363.38% rise, reaching $0.1022.

DeFi TVL Surges by 3.68% and NFT Sales Volume Witnesses 139.12% Jump

Simultaneously, the DeFi TVL has experienced a 3.68% spike over the past twenty-four hours, touching $157.272B. Additionally, Lido, the top DeFi project based on maximum TVL, has recorded a 4.06% increase, reaching $34.19B. However, with a 24-hour TVL jump of 100761%, Factor stands atop DeFi projects when it comes to 1-day TVL increase.

Similarly, the NFT sales volume has also gone through a staggering 139.12% increase to gain the $39,032,470 spot. In the same vein, the top-selling NFT collection, CryptoPunks, has jumped by 10,999.47 %, reaching $14,523,099.

UK to Sell $7B in Confiscated $BTC to Enhance Budget While Arbitrum Takes Lead in Cross-Chain Inflows

Overall, the crypto landscape has also seen some other notable changes over the past twenty-four hours. In this respect, the U.K. authorities are working on a strategy to sell up to $7B in confiscated $BTC to bolster the budget.

Moreover, JPMorgan Chase is planning to implement fees on data aggregator platforms for accessing consumer data, raising concerns among fintech startups. Furthermore, Arbitrum has attained the top position in terms of net inflows among public blockchains over past week, adding $168M.