Crypto Market Stabilizes Amid Cautious Consolidation and Persistent Fear

The worldwide crypto sector is witnessing relative stability amid cautious consolidation amid the “bull vs bear” battle. Hence, the total crypto market capitalization has reached the $3.71T mark after a slight 0.09% increase.

In addition to this, the 24-hour crypto volume has jumped by 1.71%, reaching $183.08B. Concurrently, assimilating to the ongoing haunted season of Halloween, the market feels haunted, while the Crypto Fear & Greed Index is still in the “Fear” zone, sitting at 31 points.

Bitcoin Surges by 0.92% While Ethereum Drops by 12.6%

Particularly, Bitcoin ($BTC) is currently changing hands at $110,021.88. This price level indicates a 0.92% increase while the flagship cryptocurrency’s market dominance stands at 59.3%. On the other hand, Ethereum ($ETH) is now trading at $3,861.07. This highlights a 0.74% price slump while the leading altcoin’s market dominance accounts for 12.6%.

$AXOME, $TURBO, and $MAGA Dominate Crypto Gainers

Apart from that, Axoloti Token ($AXOME), Turbo Trump ($TURBO), and TRUMP MAGA ($MAGA) are the top crypto gainers of the day. Specifically, $AXOME has jumped by a staggering 3113.16% to reach its current price of $0.001475. Following that, $TURBO accounts for a 548.80% increase, reaching $0.05143. Subsequently, $MAGA is now changing hands at $31.19% after a 528.62% rise.

DeFi TVL Plunges by 1.64%, Whereas NFT Sales Volume Records 14.82% Increase

Simultaneously, the DeFi TVL has plunged by 1.64% to attain the figure $150.24B. Additionally, the top DeFi project in terms of TVL, Aave, has dipped by 2.01%, touching $38.024B. However, when it comes to 1-day TVL change, Rho Markets leads the other DeFi projects, accounting for a stunning 520% increase over the past twenty-four hours.

At the same time, the NFT sales volume has also seen a 14.82% upsurge, claiming the $16,713.129 mark. Additionally, the top-selling NFT collection, DMarket, has recorded a 163.15% increase, reaching the $1,364,864 spot.

Hong Kong Forms Stablecoin Committee, Moves BTC to Exclusive Wallets

Moving on, the crypto industry has also gone through many other notable developments over 24 hours. In this respect, Hong Kong authorities have appointed a stablecoin review committee to ensure regulatory compliance. Moreover, Strategy has transacted huge amounts of $BTC to exclusive wallets.

Furthermore, Coinbase has reported the buyout of a notable 2,772 $BTC over Q3, leading to a more than 120% revenue growth over the quarter. Keeping in view this overall market scenario, the crypto sector shows mixed performance, while everyone is ready to get dressed in a scary look tonight for Halloween.