Crypto Market Experiences Mixed Signals amid Neutral Sentiment

The crypto industry is exhibiting some mixed developments in line with the latest statistics. In this respect, the cumulative crypto market capitalization has seen a 0.47% dip, reaching $3.91T.

In addition to this, the 24-hour crypto volume has also gone through an 8.94% drop, touching the $164.98B mark. At the same time, the Crypto Fear & Greed Index stands at 42 points, signifying a “Neutral” position.

Bitcoin Sees 0.03% Rise While Ethereum Drops by 1.40%

Particularly, the leading crypto asset, Bitcoin ($BTC), is changing hands at $114,464.36. This price level indicates a slight 0.03% increase over past 24 hours, while its market dominance is 58.3%.

Additionally, the top altcoin, Ethereum ($ETH), is trading at $4,144.78. Hence, it accounts for a 1.40% dip while the market dominance thereof is nearly 12.8%.

$GNC, $VIDT, and $BSP Lead Top Crypto Gainers

Simultaneously, the top crypto gainers of the day take into account GenieCoin ($GNC), VIDT DAO ($VIDT), and Ballswap ($BSP). Specifically, $GNC has surged by a staggering 1554.17%, touching the $0.2043 spot.

Following that $VIDT is hovering around $0.001887 while presenting an 861.97% increase. Subsequently, $BSP has jumped by 840.00%, reaching $0.000002821.

DeFi TVL Plunges by 0.10% and NFT Sales Volume Records a 11.14% Dip

Apart from that, the DeFi TVL has recorded a 0.10% plunge, attaining the $157.557B figure. Additionally, the top DeFi project in terms of TVL, Aave, has seen a 0.36% drop, claiming the $3.413B mark. Concurrently, when it comes to 1-day TVL change, zkBoost has taken the top position in the DeFi landscape, accounting for a stunning 254032% increase over twenty-four hours.

On the other hand, the NFT sales volume has slumped by 11.14%, claiming the $19,393,694 mark. Even then, the top-selling NFT collection, DX Terminal, has touched $2,598,033 in its sales volume after a 69.39% rise.

Ripple CTO Exits After 13 Years, Binance Unveils CaaS Model

Moving on, the crypto sector has also experienced several other noteworthy advancements. In this respect, David Schwartz, the CTO of Ripple, is going to step back from the office after a 13-year Tenure.

Moreover, the U.S. SEC is considering offering blockchain-led stock trading with the launch of a new initiative. Furthermore, Binance has unveiled the Crypto-as-a-Service model to accelerate institutional collaboration.