The global crypto sector has seen mixed movements over the past 24 hours. Thus, the crypto market capitalization has plunged by 2.49%, reaching $3.05T. However, the 24-hour crypto volume has touched $130.22B after a 2.58% rise. Concurrently, the Crypto Fear & Greed Index stands at 21 points, suggesting that the market is still facing “Fear” in sentiment.
Bitcoin Slips by 0.07% While Ethereum Witnesses Slight 0.40% Rise
Particularly, Bitcoin ($BTC) is changing hands at $89,521.37. This level indicates a 0.07% dip over the past twenty-four hours in the flagship crypto asset’s price. In addition to this, the market dominance of $BTC accounts for 58.7%. Nonetheless, Ethereum ($ETH) has witnessed a 0.40% increase, with its price touching the $3,048.71 mark. In the meantime, its market dominance sits at 12.0%.
$BPX, $BEER, and $BOME Dominate Daily Crypto Gainers
Simultaneously, the list of prominent crypto gainers of the day includes Black Phoenix ($BPX), Beers ($BEER), and Book of Meme 3.0 ($BOME). Specifically, $BPX has gone through a staggering 4371.93% increase, hitting $0.5013 in price. Following that, $BEER is trading at $0.01516, presenting a 571.70% increase. Subsequently, $BOME is now hovering around $0.000006803 after a 430.57% jump.
DeFi TVL Records 0.54% Spike, Whereas NFT Sales Volume Drops by 24.50%
Apart from that, the DeFi TVL has surged by 0.54%, attaining the $120.975B spot. Along with that, the top DeFi project in terms of TVL, Aave, has reached $33.454B, denoting a 0.23% increase. Nevertheless, when it comes to 1-day TVL change, zkBoost enjoys the top position in the DeFi market, accounting for a stunning 155484% increase over twenty-four hours.
Contrarily, the NFT sales volume has recorded a notable 24.50% dip, claiming $7,049,296. Additionally, the top-selling NFT collection, $BTC BRC-20 NFTs, has touched $322,735 in its sales volume.
South Korea Fast-Tracks Stablecoin Bill, BitMine Adds $199M in ETH
At the same time, the crypto landscape has also experienced many other significant developments over 24 hours. In this respect, the ruling party of South Korea has demanded the submission of a unique stablecoin bill by the 10th of December to implement it by January.
Moreover, the CME Group has blamed a technician for the hours-long outage of November 28. Furthermore, BitMine is reaching closer to the target of owning 5% of the cumulative Ether ($ETH) supply with the new accumulation of $199M.
Source: https://blockchainreporter.net/crypto-market-sees-sideways-price-movements-amid-fear-driven-sentiment/
