Crypto Market Holds Steady as Bitcoin Inches Up While Ethereum Slips

The crypto sector is steering through a cautious phase while making a gradual recovery. Hence, the cumulative crypto market capitalization has reached $3.75T, indicating a slight 0.04% rise. However, the 24-hour crypto volume has plunged by 14.08%, reaching $135.56B. Concurrently, the Crypto Fear & Greed Index is still in the “Fear” zone, standing at 34 points.

Bitcoin Sees Slight 0.16% Rise While Ethereum Dips by 1.10%

Particularly, the leading crypto asset, Bitcoin ($BTC), is now changing hands at $111,237.40. This price level signifies a minor 0.16% increase, while Bitcoin’s market dominance is 59.2%. At the same time, Ethereum ($ETH) is currently trading at $3,923.22. The price signifies a 1.10% decrease while the flagship altcoin’s market dominance stands at 12.6%.

$AXOME, $IRIS, and $PENGU Lead Daily Crypto Gainers

Apart from that, $AXOME, $IRIS, and $PENGU are the leading crypto gainers of the day. Particularly, $AXOME has surged by a staggering 3848.13%, reaching $0.001440. Following that, pushed by a 928.59% increase, $IRIS has touched $0.008305. Subsequently, $PENGU’s price now accounts for $0.00007936, after a 729.24% increase.

DeFi TVL Jumps by 1.41%, Whereas NFT Sales Volume Slumps by 75.75%

Simultaneously, the DeFi TVL has surged by 1.41%, attaining the $151.994B mark over the past 24 hours. In addition to this, the top DeFi project in terms of TVL, Aave, has claimed the $38.099B spot, presenting a 0.47% spike.

Nevertheless, when it comes to 1-day TVL change, Brise Swap has gained the leading position with a stunning 5777746043931758592% rise over twenty-four hours. Contrarily, the NFT sales volume has dropped by 75.75%, reaching $14,373,459. Additionally, the top-selling NFT collection, DKTNFT, stands at $1,174,350.

Binance Lists SynFutures and Giggle Fund While Trump Recommends Michael Selig as CFTC Chair

Moving on, the crypto landscape has also gone through several notable developments over 24 hours. In this respect, Binance is listing SynFutures and Giggle Fund for trading from 25th of October.

Moreover, Ripple Rebrands Hidden Road as Ripple Prime after its buyout to deliver prime brokerage operations for several digital assets. Furthermore, U.S. President Donald Trump has nominated Michael Selig as the Chairman of the Commodity Futures Trading Commission (CFTC).