Crypto Sector Shows Mixed Signals as Volatility Rises Amid Meme Coin Spike

The crypto landscape has started August 2025 with mixed performance. The latest statistics point out that the total crypto market capitalization has witnessed a 3.07% dip to reach the $3.77T mark over the past 24 hours. However, the 24-hour crypto volume has increased by 2.46%, attaining $177.9B. Concurrently, the Crypto Fear & Greed Index now stands at 57 points, presenting a relatively neutral position.

Bitcoin Drops by 2.54% and Ethereum Sees 4.58% Dip

Particularly, the flagship cryptocurrency, Bitcoin ($BTC), has seen a 2.54% decrease. With this, its price is now hovering around $115,409.96. Additionally, the top crypto asset’s market dominance is almost 61.0%. Similarly, Ethereum ($ETH) is changing hands at $3,680.81, displaying a 4.58% plunge. However, its market dominance accounts for 11.8%.

$CATX, $BPX, and $SNL Dominate Crypto Gainers

Apart from that, the crypto gainers of the day include CATX ($CATX), Black Phoenix ($BPX), and Snow Leopard ($SNL) in the top positions. Specifically, $CATX has gone through a staggering 3458.15% rise to reach $0.000009210. Following that, $BPX indicates a 3388.15% growth at $2.28. Subsequently, $SNL is now trading at $0.0000001973, displaying a 3088.11% upsurge.

DeFi TVL Records 2.02% Slump and NFT Sales Volume Plunges by 13.90%

Just like the sideways movement in the wider crypto market, the DeFi TVL has also dipped to $137.385B due to a 2.02% plunge. Additionally, the top DeFi project in terms of TVL, AAVE , has experienced a 1.59% slump, reaching $34.116B. However, when it comes to 1-day TVL change, Tangible has taken the peak position, reflecting a 125741% increase over 24 hours.

Reflecting an outlook similar to the DeFi downturn, the NFT sales volume has touched $19,051,488 after a 13.90% drop. Along with that, the top-selling NFT collection, CryptoPunks, has recorded a 33.63% to attain the $1,624,623 mark.

Hong Kong Implements Stablecoin Bill, While SEC Unveils ‘Project Crypto’ to Advance Securities Regulation

Overall, several other developments have also taken place in the broader crypto industry over the past twenty-four hours. In this respect, the much-awaited Hong Kong Stablecoin bill has been implemented, starting a licensing system for the platforms issuing fiat stablecoins.

Moreover, the U.S. SEC has unveiled “Project Crypto” to redefine the country’s securities regulation in the cutting-edge blockchain era. Furthermore, Binance has introduced collateral and loanable assets as well as VIP Loan Services.