Crypto Landscape Lingers in ‘Fear’ Zone with Mixed Performance

The crypto sector is still holding steady with sideways movements witnessed during the past 24 hours. In this respect, the total crypto market capitalization has hit $3.72T mark after a 0.31% dip. In addition to this, the 24-hour crypto volume has also dropped by 50.38% in the meantime to touch $240.55B. Concurrently, the Crypto Fear & Greed Index accounts for 31 points, indicating a significant “Fear” across the market.

Bitcoin Drops by 0.56% While Ethereum Sees 0.88% Rise

Particularly, Bitcoin ($BTC) is now changing hands at $111,668.64. This price level signifies a slight 0.56% dip, while its market dominance accounts for 59.8%. Additionally, Ethereum ($ETH) is trading at $3,818.66. This suggests a minor 0.88% rise while the top altcoin’s market dominance is 12.4%. At the same time, Solana ($SOL) also presents a 0.27% decrease, while its price is hovering around $181.39.

$MEFAI, $TURBO, and $HOOD Dominate Crypto Gainers of Day

Apart from that, the top crypto gainers of the day include META FINANCIAL AI ($MEFAI), TURBO BOME ($TURBO), and Robinhood ($HOOD). Specifically, $MEFAI has jumped by a staggering 5219.54%, reaching $0.01742. Subsequently, wth a huge 1554.14% increase, $TURBO is trading at $0.000003112. Following that, $HOOD’s current price, $0.007843, highlights a 645.13% surge.

DeFi TVL Surges by 0.20% Whereas NFT Sales Plunge by 14.85%

Simultaneously, the DeFi TVL has spiked by 0.20%, to attain the $148.739B mark. Additionally, the top DeFi project in terms of TVL, Aave, has gone through a 5.42% increase, touching $39.243B. However, when it comes to 1-day TVL change, Gala Swap has gained the top position in the DeFi sector, accounting for a substantial 258% rise over twenty-four hours.

On the other hand, the NFT sales volume has dropped by 14.85% to claim the $20,408.032 spot. Even then, the top-selling NFT collection, Pudgy Penguins, has surged by 326.01% to touch $4,010,657.

Kosya Kudo Dies Following Market Collapse, Binance Offers Compensation Plan to Cover Losses of Users

Moving on, the crypto market has also experienced many other noteworthy developments over 24 hours. In this respect, the Ukrainian crypto personality, Kosya Kudo (Galish), who allegedly founded the investment entity “Cryptology,” has reportedly died after market crash.

Moreover, María Machado, a renowned Bitcoin proponent, has won Nobel Peace Prize for promoting financial freedom. Furthermore, Binance has unveiled the compensation strategy to cover the losses of impacted clients after $USDE, $WBETH, and $BNSOL depeg.