The post Crypto Market Sees Slight Upside Amid Cautious Momentum appeared on BitcoinEthereumNews.com. The global crypto market is indicating cautious stability The post Crypto Market Sees Slight Upside Amid Cautious Momentum appeared on BitcoinEthereumNews.com. The global crypto market is indicating cautious stability

Crypto Market Sees Slight Upside Amid Cautious Momentum

The global crypto market is indicating cautious stability in line with the latest 24-hour data. Thus, the total crypto market capitalization has touched the $3.1T mark with a 0.35% rise. On the other hand, the 24-hour crypto volume has dipped by 51.49%. At the same time, the Crypto Fear & Greed Index stands at 40 points, highlighting a “Neutral” market sentiment.

Bitcoin ($BTC) Surges by 0.27% and Ethereum ($ETH) Sees 0.45% Rise

Particularly, the leading crypto asset, Bitcoin ($BTC), is changing hands at $90,649.23. This price suggests a 0.27% increase while $BTC’s market dominance sits at 58.5%. Additionally, the flagship altcoin, Ethereum ($ETH), has gone through a 0.45% increase, hitting the price level of $3,093.64. In the meantime, the market dominance of $ETH is nearly 12.1%.

$ELEVATE, $GREEN, and $BEER Lead Today’s Crypto Gainers

Apart from that, the list of today’s top crypto gainers includes Elevate ($ELEVATE), Green ($GREEN), and Beers ($BEER). Specifically, $ELEVATE has surged by a staggering 1628.69%, reaching $0.09704. Following that, $GREEN’s 913.67% increase has placed its price at $0.003934. Subsequently, with a 580.33% rise, $BEER is now hovering around $0.1356.

DeFi TVL Jumps by 0.40% While NFT Sales Volume Dips by 32.55%

Simultaneously, the DeFi TVL has recorded a 0.40% increase, touching the $123.543B mark. Despite this, the top DeFi project in terms of TVL, Aave, has dropped by 0.04% to hit $34.436B. However, when it comes to 1-day TVL change, Accumulator claims the top position in the DeFi sector, accounting for 28047% increase over the past twenty-four hours.

Contrarily, the NFT sales volume has plunged by 32.55%, attaining the $6.988,204 spot. In the same vein, the top-selling NFT collection, YES BOND, has witnessed a 12.37% slump, reaching $425,237.

U.S. Senate to Review Digital Asset Clarity Bill, Canaan Tests Bitcoin Mining Heat Reuse

Concurrently, the worldwide crypto industry has also experienced several other developments over 24 hours. In this respect, the United States Senate Banking Committee has disclosed the plan to discuss and likely accelerate the Digital Asset Market Clarity Act on the 15th of January.

What’s more, Canaan has announced the launch of a greenhouse heating pilot via waste heat from Bitcoin ($BTC) mining. Furthermore, Ethereum’s L2 Starknet has reportedly undergone a short mainnet outage emerging from a state inconsistency between proof and execution layers.

Source: https://blockchainreporter.net/crypto-market-sees-slight-upside-amid-cautious-momentum/

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