Crypto Sector Shows Steady Performance Despite ‘Extreme Fear’

The crypto industry is going through a turbulent phase while endeavoring to maintain a steady performance. Thus, the total crypto market capitalization has reached $2.12T, expressing a 2.40% rise over the past 24 hours. However, the 24-hour crypto volume has dropped by 51.81%, hitting $79.88B. At the same time, the Crypto Fear & Greed Index stands at 13 points, displaying “Extreme Fear” among market participants.

Bitcoin Surges by 1.52% and Ethereum Sees 3.94% Increase

Particularly, the top crypto asset, Bitcoin ($BTC), is now changing hands at $62,730.85. This price level suggests a 1.52% rise, while the market dominance of Bitcoin ($BTC) accounts for 58.3%. In addition to this, the flagship altcoin, Ethereum ($ETH), is currently trading at $1,657.32, presenting a 3.94% increase. In the meantime, Ethereum’s ($ETH) market dominance sits at 9.1%.

$BPX, $FELIS, and $TRUMP Lead Crypto Gainers of Day

Apart from that, the list of today’s top crypto gainers takes into account Black Phoenix ($BPX), Felis ($FELIS), and PEPE TRUMP ($TRUMP). Specifically, $BPX has jumped by a staggering 3985.60%, touching $2.78. Subsequently, a 2047.21% surge has placed the price of $FELIS at $0.0000006645. Following that, $TRUMP is hovering around $0.0000002053 after a 714.01% spike.

DeFi TVL Jumps by 3.38% and NFT Sales Volume Records 38.1% Rise

Simultaneously, the DeFi TVL has surged by 3.38%, attaining the $72.11B mark. Additionally, the top DeFi project in terms of TVL, Lido, denotes a 5.91% increase at $15.007B. Nonetheless, when it comes to 1-day TVL change, Liminal is the leading DeFi project, accounting for a notable 955% growth over the past twenty-four hours. Additionally, the NFT sales volume is 38.1% up at $2,618,496. Even then, the top-selling NFT collection, Pudgy Penguins, is 6.9% down at $561,790.

HTX Delists $USD1 After WLFI Wallet Freeze Dispute, Ethereum OG Buys $ETH, $WBTC, and $wstETH After Crash

Moving on, the crypto market has also seen many other key developments across the globe over the past 24 hours. In this respect, HTX has delisted the Trump-backed stablecoin, $USD1 following a dispute over potential wallet freeze by World Liberty Financial (WLFI). Moreover, Ethereum OG has reportedly offloaded $188M in $ETH, $WBTC, and $wstETH ahead of the crash, then repurchased at decreased prices. Furthermore, Arthur Hayes has denied purchasing $HYPE back, triggering speculation among the community members.