Crypto Market Records Cautious Optimism Amid Mixed Performance

The crypto market is going through caution amid the wider sideways price movements. In line with the new market insights, the cumulative crypto market capitalization has reached $3.49T after a 0.50% increase over 24 hours. In addition to this, the 24-hour crypto volume has also seen a 9.39% rise, touching $174.66B. However, the Crypto Fear & Greed Index has dipped to 25 points, showing that the market is facing significant “Fear.”

Bitcoin Slips by 0.39% While Ethereum Sees 2.25% Rise

Particularly, the leading crypto asset, Bitcoin ($BTC), is trading at $102,968.18. The respective price indicates a 0.39% dip while the market dominance of Bitcoin stands at 59.0%. Nonetheless, the flagship altcoin, Ethereum ($ETH), is changing hands at $3,524.44, presenting a 2.25% increase. In the meantime, its market dominance reportedly accounts for 12.2%.

$COIN, $KDA, and $GME Lead Daily Crypto Gainers

Along with that, the list of leading crypto gainers includes (Fake Wrapped COINBASE ($COIN), Kadena ($KDA), and GameStop Coin ($GME) in the top positions. Specifically, $COIN has jumped by 536.89% to reach $0.0004376. Subsequently, $KDA’s 561.21% rise has placed its price at $0.04513. Following that, $GME is now hovering around $0.001311 after a 481.38% increase.

DeFi TVL Records 0.94% Jump and NFT Sales Volume Spikes by 2.26%

Simultaneously, the DeFi market has witnessed a 0.94% increase in its TVL, claiming the $133.074B mark. Additionally, the leading DeFi project in terms of TVL, Aave, has seen a 1.92% surge, attaining the $34.22B spot. Nonetheless, pSTAKE Finance remains the top DeFi player when it comes to 1-day TVL change, accounting for a stunning 31274580% increase over twenty-four hours.

At the same time, the NFT sales volume shows a 2.26% spike, reaching $12,727,776. In the same vein, the top-selling NFT collection, Algebra Positions NFT-V2, has jumped by 49.80%, touching $2,056,914.

U.S. Ends 43-Day Shutdown, Hong Kong Launches EnsembleTX for Tokenized Banking

Concurrently, the crypto market has also recorded many other key developments over twenty-four hours. Hence, the U.S. President Donald Trump has officially signed a bill to end forty-three-day government shutdown to end the concerns of a wider mayhem, signaling a “yes” signal for a potential market rally.

Moreover, Hong Kong Monetary Authority has unveiled EnsembleTX to enable tokenized banking transfers. Furthermore, the Digital Economy Court of Dubai has ordered to freeze $456M in funds associated with Tron founder Justin Sun’s bailout of Techteryx.