Crypto Market Witnesses Minor Pullback While Bitcoin Maintains Price Above $92K
Following a resilient price rally, the crypto sector is currently going through a slight dip. As the exclusive data reveals, the market is now going through a modest pullback, with many notable crypto assets recording losses. The overall crypto market capitalization has plunged to $3.03T after a 0.95% while Fear & Greed Index is still high at 63, signifying greed.
Bitcoin ($BTC) Stays above $92K Amid Slight Market Downturn
Bitcoin ($BTC) is currently trading at $92,819, still maintaining its position above the $92K mark following a 0.76% dip. Simultaneously, its market dominance has jumped by 0.28% to claim the 60.87% share. However, Ethereum ($ETH) has recorded a 1.69% decline to reach the $1,773 spot while the market dominance thereof stands at 7.07% after a 0.63% slump. Similarly, Solana ($SOL) also displays a decline of up to 1.71% as its price has touched the $148.55 mark.
$MEMEFI and $TRUMP Dominate Small and Large-Cap Crypto Gainers
Apart from that, $MEMEFI and $TRUMP are the leading crypto assets among the small-cap and large-cap gainers. Specifically, $MEMEFI accounts for a noteworthy 117% price upsurge over the past 24 hours, reaching $0.00219. Additionally, $TRUMP has successfully jumped by 28.5% to touch the $12.20 mark.
DeFi TVL Surges by 1.84% While NFT Sales Touch $13.605M after 2.76% Rise
The DeFi landscape has recorded a 1.84% rise over the past twenty-four hours to reach $96.312B in terms of total value locked. $AAVE stands in the top position among the DeFi protocols with its TVL reaching $19.417B.
However, in terms of TVL growth, Tangible is the leading DeFi protocol, displaying a +29907% growth over 24 hours. Along with this, in NFT market, the total sales volume has seen a 2.76% increase to reach $13.605M. The top NFT collection in terms of sales is DMarket , accounting for $1.606M.
PayPal Announces Exclusive 3.7% $PYUSD Yield in U.S.
In addition to this, the recent crypto funding rounds take into account Symbiotic, Arch Network, and Mask Network. They reportedly account for $29M, $13M, and $5.0M respectively. Moreover, the $SOL strategies have collected $500M in terms of issuance of convertible notes to purchase Solana tokens. Furthermore, PayPal has announced the launch of a new program to deliver a 3.7% per-annum yield on the $PYUSD stablecoin for U.S.-based consumers.
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