The global crypto landscape has witnessed noteworthy outflows, resulting in a slightly bearish trend. Hence, the total crypto market capitalization has dipped by 0.43%, reaching $3.13T. Nonetheless, the 24-hour crypto volume has reached $95.44B after a 27.14% rise. At the same time, the Crypto Fear & Greed Index stands at 41 points, denoting a “Neutral” sentiment among the investors.
Bitcoin ($BTC) Dips by 0.17% and Ethereum ($ETH) Sees 0.72% Drop
Particularly, the flagship crypto asset, Bitcoin ($BTC), has experienced a 0.17% dip to reach the current price of up to $91,933.31. Additionally, $BTC’s market dominance now sits at 58.7%. Along with that, the top altcoin, Ethereum ($ETH), is currently changing hands at $3,138.69, denoting a 0.72% decrease. In the meantime, the market dominance of $ETH is nearly 12.1%.
$CPM, $GREEN, and $TURBO Dominate Crypto Gainers of Day
Apart from that, the list of today’s key crypto gainers includes Crypto Pump Meme ($CPM), Green ($GREEN), and Turbo Trump ($TURBO). Specifically, $CPM has seen a staggering 946.05% surge, touching $0.00005986. Subsequently, $GREEN’s 666.52% jump has placed its price at $0.003335. Following that, $TURBO is now hovering around $0.07482 after a 523.04% increase.
DeFi TVL Slumps by 0.41% While NFT Sales Volume Records 19.86% Rise
Simultaneously, the DeFi TVL has plunged by 0.41%, attaining the $123.69B mark. Additionally, the top DeFi project in the case of TVL, Aave, has seen a 0.69% drop, hitting $34.503B. However, when it comes to 1-day TVL change, ETCswap has claimed the top place within the DeFi market, accounting for a stunning 4597% spike over the past twenty-four hours.
Similarly, the NFT sales volume has recorded a 19.86% growth, reaching $9,631,440. On the other hand, the top-selling NFT collection, Ape.bond Bonds, has slumped to $984,209 following a 25.26% drop.
U.S. Senate Unveils Stablecoin Bill Text and Former NY Mayor’s $NYC Tokens Bottoms in Minutes
Concurrently, the crypto sector has also experienced many other developments over 24 hours. In this respect, the U.S. Senate has released stablecoin bill text after substantial negotiations. Moreover, Eric Adams’s, former New York Mayor, newly launched $NYC token has crashed by 80% within minutes. Furthermore, Paul Atkins, the U.S. SEC chair, has expressed optimism that the President Donald Trump will authorize market structure policy this year.
Source: https://blockchainreporter.net/crypto-market-turns-bearish-as-btc-and-eth-see-outflows/