Crypto Sector Records Gradual Uptrend as Sentiment Breaks out of Fear Zone

The crypto market is witnessing a positive momentum amid the haunted Halloween season, as the new statistics reveal. Thus, the total crypto market capitalization has reached $3.9T, indicating a 3.68% increase over the past 24 hours.

In addition to this, the 24-hour crypto volume has jumped by 68.41% to reach $139.39B. Concurrently, the Crypto Fear & Greed Index has surged to 42 points, entering the “Neutral” zone.

Bitcoin Surges by 3.45% and Ethereum Sees 7.09% Increase

Particularly, the flagship crypto asset, Bitcoin ($BTC), has seen a 3.45% jump in its price. As a result of this, its current price level accounts for $115,282.97 while the market dominance of the leading cryptocurrency stands at 58.9%.

Additionally, the leading altcoin, Ethereum ($ETH), is changing hands at $4,21.92, presenting a 7.09% surge in price. Along with that, its market dominance is 13.0%.

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

Simultaneously, the top names among the key crypto gainers of the day include Axoloti Token ($AXOME), SORA GROK ($GROK), and TRUMP MAGA ($MAGA). Specifically, $AXOME has gone through a staggering 3300.03% increase, touching $0.001480 in price.

Subsequently, $GROK is now trading at $0.3962, led by a 551.93% spike. Following that, $MAGA is now hovering around $1.13 after a 480.77% rise.

DeFi TVL Jumps by 4.22% While NFT Sales Plunge by 31.14%

Apart from that, the DeFi TVL has also experienced a 4.22% increase, attaining the $158.985B mark. Additionally, the top DeFi project in terms of TVL, Aave, has spiked by 4.48%, reaching $40.419B. However, when it comes to 1-day TVL change, Brise Swap is the dominant DeFi player, accounting for a stunning 5809274870600233984% increase over twenty-four hours.

On the other hand, the NFT sales volume has dropped by 14.66%, claiming the $11,419,407 spot. Nonetheless, the top-selling NFT collection, Guild of Guardians Heroes, has recorded a 31.14% surge, hitting $957,883.

Coinbase Launches x402 for Fast Payments, Sharplink Adds $80M in ETH Reserve

Moving on, the crypto industry has also noticed many other key developments amid the calm environment. In this respect, the x402 payments protocol of Coinbase has gained substantial attention with the provision of rapid on-chain payments by reviving untapped HTTP 402 status code.

Moreover, Devin McGranahan, the CEO of Western Union (NYSE: WU), has announced that platform is working on stablecoin-enabled solutions testing for treasury operations.

Furthermore, Sharplink Gaming has added $80M in $ETH to its strategic reserve following a 1-month pause. Overall, amid the candlelight environment enriched by zombies and spirits, the crypto is seeing a renewed momentum.