Crypto Sector Holds Steady Amid Neutral Sentiment

The crypto market is witnessing steady movement as the latest 24-hour data shows mixed results. Hence, the total crypto market capitalization has hit the $2.54T mark after a 0.14% increase. However, the 24-hour crypto volume is 34.51% down at $95.12B. At the same time, the Crypto Fear & Greed Index now accounts for 43 points, indicating “Neutral” sentiment among the market participants.

Bitcoin Dips by 0.13% While Ethereum Witnesses 0.61% Rise

Particularly, the leading crypto asset, Bitcoin ($BTC), is now changing hands at $74,206.84. This price level signifies a slight 0.13% decrease over the past 24 hours, while the market dominance of $BTC stands at 58.5%. Contrarily, the flagship altcoin, Ethereum ($ETH), is hovering around $2,327.94, presenting a 0.61% rise. In the meantime, $ETH’s market dominance sits at 11.1%.

$TRUMP, $IDOS, and $MAGA Dominate Crypto Gainers of Day

Apart from that, the leading crypto gainers of the day include TRUMP AI ($TRUMP), IDOS ($IDOS), and TRUMP MAGA ($MAGA). Specifically, $TRUMP has surged by up to 1378.58% to reach $899.04. Subsequently, a 865.71% rise has placed the price of $IDOSa t $0.02333. Following that, $MAGA is hovering around $0.4336, led by a 467.73% increase.

DeFi TVL Surges by 0.17% and NFT Sales Volume Records 161.97% Spike

Simultaneously, the DeFi TVL displays a minor 0.17% spike, attaining the $100.536B mark. Even then, the top DeFi project in terms of TVL, Aave, reveals a 0.93% dip at $26.745B. On the other hand, when it comes to 1-day TVL change, Accumulator is the leading DeFi player, claiming a staggering 29450% surge over the past twenty-four hours.

Similarly, the NFT sales volume has witnessed a noteworthy 161.97% jump, hitting $10,788,514. Additionally, the top-selling NFT collection, $X@AI BRC-20 NFTs, has surged by a stunning 9756412.58%, touching the $6,808,094 spot.

SEC, CFTC Launch Token Taxonomy and Mastercard Eyes BVNK Deal

Moving on, the crypto market has also seen many other key developments across the globe over 24 hours. In this respect, the U.S. SEC and CFTC have issued a combined Token Taxonomy, declaring that the majority of crypto assets are excluded from securities. Moreover, Mastercard has announced the $1.8B buyout of BVNK to bring crypto rails to the mainstream. Furthermore, Ripple plans a VASP license application to support crypto assets in Brazil.