Bitcoin (BTC) Market Dominance Expands as Total Crypto Market Cap Hits $3.48T

The worldwide crypto landscape is currently experiencing mixed trends amid Bitcoin's ($BTC) growing market dominance.

The worldwide crypto landscape is currently experiencing mixed trends amid Bitcoin’s ($BTC) growing market dominance. According to the latest market data, the total crypto market capitalization has decreased slightly by 0.46%, bringing the total crypto market cap to $3.48T.

The total crypto trading volume has also seen a dip of 12.96%, resulting in a trading volume of $124.29B. In addition to this, the Fear & Greed Index is displaying 70 points, which indicates a “greed” in the crypto market.

Top 100 cryptocurrencies are reporting mixed trends on Friday morning, amid Bitcoin’s market dominance rising to 59.23%. The top cryptocurrency is now trading at $103,913 after a slight 0.24% price dip recorded over the past twenty-four hours.

However, the world’s second-largest cryptocurrency, Ethereum ($ETH), has seen a 1.40% drop in the past twenty-four hours. This price drop has brought the current price of ETH to $2,509.

The top daily crypto gainers include $PIPPIN and $PI. As small-cap crypto assets continue to be in the focus, $PIPPIN has seen a 75.0% rise in the past 24 hours, bringing its price to $0.0447.

After a 31.3% surge in the past 24 hours, $PI has reached the price level of $1.26.

DeFi TVL Dips As NFT Sales Volume Surges

The DeFi market now reports a minor plunge of 1.33% in its TVL, which has touched $117.346B. Among the DeFi projects, AAVE has the highest TVL, accounting for $24.329B.

Out of the 100 best cryptocurrencies, Titan Protocol has secured the top position in terms of daily TVL growth with a 119494% increase. On the other hand, the NFT sector shows a 2.48% jump as its total sales volume has reached $16,454,918.

Despite a 16.34% decline, Courtyard maintains its status as the top NFT collection based on sales volume.

Metaplanet Buys 6.7M In BTC And Ledger Reinstates Discord Server After Phishing Scam

Amid this mixed performance in the crypto market, T-Rex, Sonic, and GoQuant have carried out successful funding rounds, collecting $17M, $10M, and $4M respectively.

At the same time, Metaplanet Inc. has acquired $126.7M more in BTC, raising its Bitcoin holdings to 6,796 BTC. In other news, Ledger has finally recovered its Discord server after a phishing scam hit its moderator.

Finally, Lido Finance has asserted that its protocol is completely secure following a recent oracle attack.