Crypto Market Sees Slight Dip as Sentiment Remains Neutral

The global crypto sector has witnessed a modest drop over the past 24 hours. Hence, the total crypto market capitalization now accounts for $2.7T following a 0.24% decrease. However, the 24-hour crypto volume has jumped by 3.14%, reaching $87.89B. At the same time, the Crypto Fear & Greed Index stands at 50 points, showing “Neutral” sentiment among the market participants.

Bitcoin Dips by 1.47% and Ethereum Sees 1.32% Drop

The leading cryptocurrency, Bitcoin ($BTC), is now changing hands at $79,862.99. This price level indicates a 1.47% decrease while the market dominance of Bitcoin ($BTC) is nearly 60.1%. Additionally, the flagship altcoin, Ethereum ($ETH), is currently trading at $2,268.25, showing a 1.32% dip. In the meantime, Ethereum’s ($ETH) market dominance sits at 10.3%.

$YILONGMA, $WARD, and $MAGA Dominate Crypto Gainers of Day

Apart from that, the list of today’s notable crypto gainers includes Chinese Elon Musk ($YILONGMA), Warden ($WARD), and TRUMP MAGA ($MAGA). Particularly, $YILONGMA has surged by a staggering 610.87%, hitting the $0.3578 mark. Following that, a 495.06% rise has placed $WARD’s price at $0.02988. Subsequently, $MAGA is now hovering around $0.8128, presenting a 396.15% increase.

DeFi TVL Slumps by 1.14%, While NFT Sales Volume Records 15.64% Surge

Simultaneously, the DeFi TVL has plunged by 1.14%, attaining the $85.11B spot. Additionally, the top DeFi project in terms of TVL, Lido, has dropped by 1.40%, touching $19.86B. Nonetheless, when it comes to 1-day TVL change, BBBFI has occupied the top position within the DeFi sector, claiming a stunning 1,307% spike over the past twenty-four hours.

Similarly, the NFT sales volumeis 15.64% up at $8,500,028. Similarly, the top-selling NFT collection, $ATM BRC-20 NFTs, displays a 413.29% spike at $1,555,327.

Elon Musk Testimony Reveals Microsoft Spent $100B+ on OpenAI as Aave Moves 25K rsETH via LayerZero

Moving on, the crypto landscape has also witnessed many other key developments around the world over the past 24 hours. In this respect, as per the testimony in the lawsuit of Elon Musk, Microsoft has cumulatively spent more than $100B on the OpenAI collaboration.

Moreover, XRP Power has unveiled a worldwide AI-driven app to offer an intuitive, regular yield system. Furthermore, Aave has transacted 25K $rsETH into the Ethereum mainnet-based LayerZero OFT adapter to officially resume cross-chain bridging.