Crypto Market Records Slight Gains Amid Fear Among Traders

The crypto sector is showing cautious optimism based on the latest 24-hour data. Hence, the total crypto market capitalization has hit $2.19T, indicating a 0.57% increase. However, the 24-hour crypto volume shows a 21.68% drop, reaching $58.6B. At the same time, the Crypto Fear & Greed Index is now standing at 20 points, displaying “Fear” among the market participants.

Bitcoin Surges by 2.00% and Ethereum Sees 2.44% Increase

Particularly, the top crypto asset, Bitcoin ($BTC), is currently trading at $65,647.32. This price level underscores a 2.00% increase, while the market dominance of Bitcoin ($BTC) stands at 58.6%. In addition to this, the flagship altcoin, Ethereum ($ETH), is now changing hands at $1,717.64, highlighting a 2.44% surge. In the meantime, Ethereum’s ($ETH) market dominance accounts for 9.2%.

$ITO, $SLX, and $EVAA Lead Crypto Gainers of Day

Apart from that, the top crypto gainers of the day include ITO ($ITO), SLIMEX ($SLX), and EVAA Protocol ($EVAA). Specifically, $ITO has jumped by a stunning 265.91% to reach the price level of $0.0000003382. Following that, a 219.65% increase has placed $SLX’s price at $0.02154. Subsequently, $EVAA is now hovering around $0.9571, suggesting a 135.78% rise.

DeFi TVL Jumps by 1.28%, While NFT Sales Volume Records 15.4% Plunge

Simultaneously, the DeFi sector has also surged by 1.28%, reaching the figure of $73.493B. Additionally, the top DeFi project in terms of TVL, Lido, has climbed by 2.85%, touching $15.434B. Nonetheless, when it comes to 1-day TVL change, VisionBoard Vault has become the leading DeFi player, claiming a staggering 23461% growth over the past twenty-four hours.

On the other hand, the NFT sales volume has dropped by 15.4%, to hit the $1,477,639 mark. Even then, the top-selling NFT collection, Courtyard, is 5.5% up at $438,336.

Hoskinson Defends Cardano’s BTC Audit Spending, Whale Offloads 92% of Total $SIREN Supply which Triggers over 90% Price Collapse

Concurrently, the worldwide crypto industry has also seen several other notable developments over the past 24 hours. In this respect, Charles Hoskinson, the founder of Cardano, has responded to the 1,096 $BTC dispute, saying that the respective amount was utilized for Audit Costs in 2016 and 2017.

Moreover, TikTok is in talks with ByteDance to purchase a minimum of 50K AI chips from the Iluvatar CoreX of China while also planning for the Kunlunxin chips of Baidu. Furthermore, a crypto whale has sold 670 million $SIREN tokens that denote 92% of the cumulative supply, resulting in more than a 90% price crash.