Crypto Market Witnesses Cautious Sentiment Amid Slight Dip

The worldwide crypto sector is steadily navigating through uncertainty. Hence, the total crypto market capitalization has dropped by 1.08% to reach $3.84T. On the other hand, the 24-hour crypto volume has jumped by 2.41%, attaining the $168.85B mark. At the same time, the Crypto Fear & Greed Index now accounts for 41 points while sitting in the “Neutral” phase.

Bitcoin Sees 0.67% Drop and Ethereum Slips by 3.46%

Particularly, the top crypto asset, Bitcoin ($BTC), has seen a 0.67% drop in its price over the past 24 hours. Thus, its current price is hovering around $111,753.43, while the market dominance stands at 58.1%. In addition to this, Ethereum ($ETH) has also gone through a 3.46% price decline. As a result, it is now trading at $4,024.76, along with dominating 12.7% of the market.

$RYIU, $TURBO, and $PAPARAZZI Lead Crypto Gainers

Apart from that, RYI Unity ($RIYU), TURBO BOME ($TURBO), and Paparazzi Token ($PAPARAZZI) are the top players among today’s crypto gainers. Specifically, $RIYU has surged by 1111.79%, reaching the $0.009068 mark. Subsequently, $TURBO is now changing hands at $0.0000004391, denoting a 325.60% rise. Following that, $PAPARAZZI’s 634.49% price increase has placed it at $0.02806.

DeFi TVL Declines by 0.96% While NFT Sales Volume Increases by 15.52%

Simultaneously, the DeFi TVL has recorded a 0.96% decrease, attaining the $150.594B spot. Additionally, the top DeFi project in terms of TVL, Aave, has slumped by 1.17% to reach $39.393B. However, when it comes to 1-day TVL change, Brise Swap is the top DeFi player, accounting for a staggering 11046513199050115072% growth over twenty-four hours.

Concurrently, the NFT sales volume has spiked by 15.52%, claiming the $18,960,406 mark. In the same vein, the top-selling NFT collection, DX Terminal, has recorded a 52.85% increase, reaching $2,942,952.

GSR Applies for ETF and Ohio Permits a Vendor to Process Cryptocurrency Payments

Moving on, the crypto industry has also witnessed several other developments across the globe over the past 24 hours. In this respect, the market-making platform GSR has submitted a filing to launch GSR Digital Asset Treasury Companies ETF to connect crypto treasury firms apart from the firm’s 4 other funds.

Moreover, the Ohio State Board of Deposit has officially allowed a vendor to process cryptocurrency payments for state services and fees. Furthermore, the South Korean Naver platform is planning to close a crucial deal to get control over the country’s biggest crypto exchange Upbit.