Irrespective of the Slight Downturn, the Crypto Market Is Making a Steady Move

At the moment, the cumulative crypto market cap is $3.39T after a 0.37% dip over the past 24 hours. Additionally, the 24-hour trading volume has decreased

The crypto market experienced a slight downturn over the past 24 hours, leading to a 0.37% dip in the cumulative crypto market cap, which now stands at $3.39T. The 24-hour trading volume also decreased by 38.85%, reaching $ 97.08B. Despite the minor setbacks, the crypto Fear and Greed index remains high at 67 points, indicating “greed.”

Among the top crypto gainers of the day, Beers ($BEER), Shirushi Coin ($SISC), and TRUMP MAGA ($MAGA) are the prominent players. $BEER experienced a huge 532.01% increase, bringing its price to $0.00003612. Shirushi Coin also saw a significant rise of 537.83%, pushing its price to $0.4152. Finally, MAGA underwent a 488.02% increase to attain the $0.002889 mark.

Among the top DeFi projects, AAVE continues to hold the largest TVL, which is currently at $24.69B. In terms of 1-day change in TVL, Tangible is leading with a substantial 5556% increase.

The NFT landscape saw a 2.39% decline in sales volume over the past 24 hours. Courtyard is the top NFT collection, boasting sales volume of $2,753,907.

Key Highlights

The crypto market is showing signs of a steady move despite a slight downturn.

The cumulative crypto market cap experienced a 0.37% dip over the past 24 hours, reaching $3.39T at the moment.

The 24-hour trading volume also decreased by 38.85%, reaching $ 97.08B.

The crypto Fear and Greed index remains high at 67 points, indicating “greed.”

Bitcoin (BTC) price showed a minor decrease of 0.10%, dropping to $108,111.61.

The market dominance of Bitcoin now accounts for 63.3%.

Among top crypto gainers of the day, Beers (BEER) showed a huge increase of 532.01%, bringing its price to $0.00003612.

Shirushi Coin (SISC) experienced a 537.83% upsurge, pushing its price to $0.4152.

MAGA underwent a 488.02% increase to attain the $0.002889 mark in terms of price.

DeFi TVL Record 0.16% Rise While NFT Sales Volume Plunges by 2.39%

The DeFi TVL has seen a slight increase of 0.16%, bringing the total to $116.623B. AAVE remains the top DeFi project with maximum TVL, accounting for $24.69B. However, based on 1-day change in TVL, Tangible is atop others with a huge 5556% increase.

However, the NFT landscape has gone through a 2.39% dip in its sales volume. Particularly, Courtyard is the top NFT collection, with its sales volume reaching $2,753,907.

Wynn loses $13.4M on BTC Bet, and Solana Unveils Trust-Boosting Attestation Service

Overall, the crypto market has witnessed many considerable developments over the past twenty-four hours. Specifically, a prominent Hyperliquid trader named James Wynn has exited a huge $1.25B BTC bet while incurring a $13.4M loss.

Moreover, in an effort to boost on-chain trust, Solana has unveiled a unique identity layer called “Solana Attestation Service (SAS).”

Furthermore, SoftBank has proposed the establishment of a U.S.-Japan mutual sovereign fund to power tech investment.