Crypto Market Sees Slight Growth as Key Assets Reflect in Prices
The worldwide crypto landscape is now going through a slight upsurge, as the latest data suggests. Specifically, the cumulative crypto market capitalization has increased by 0.81% to reach $3.28T mark. However, the 24-hour crypto volume has plunged to $109.9B after a 27.82% dip. In addition to this, the crypto Fear & Greed index stands neutral at 48 points.
Bitcoin and Ethereum Witness 1.27% and 1.78% Price Increases
Bitcoin ($BTC) is currently trading at $107,649.22. This price level points toward a notable surge of 1.27%. Additionally, Bitcoin’s market dominance accounts for 64.9%. Apart from that, Ethereum ($ETH) is changing hands at $2,475.75, indicating a 1.78% dip in price. At the same time, the market dominance of Ethereum is almost 8.9%.
$MOVE, $DATA, and $GNS Top Prominent Crypto Gainers
Along with that, $MOVE, $DATA, and $GNS are the top gainers in the crypto sector. Particularly, $MOVE stands at $0.1994, highlighting a 33.74% increase over the past 24 hours. Following that, $DATA denotes a 16.87% rise as its price has reached $0.01760. After that, $GNS is trading at $1.739 after witnessing a 13.22% price increase.
DeFi TVL Drops by 0.04% While NFT Sales Volume Jumps by 13.51%
However, the DeFi sector displays a minor 0.04% plunge in its TVL that has touched $111.581B. Even then, AAVE (the top DeFi project when it comes to TVL) has recorded a slight 0.62% jump to reach $24.851B. Nevertheless, in terms of 1-day TVL change, zkBoost has spiked by 207591% over twenty-four hours.
On the other hand, the NFT market has seen a notable jump of 13.51% in sales volume, reaching $19,718,776. Additionally, Guild of Guardians Heroes stands atop the NFT collections with a 31.52% increase in its sales.
Kraken Obtains MiCA License, Whereas Rubble-Backed Stablecoin Shifts $9.3B on Banned Russian Platform Grinex
Simultaneously, several other notable developments have taken place in the crypto world. In this respect, the Bank of Ireland has granted the MiCA license to Kraken to provide its crypto services across the EU states.
Apart from that, Lumia has integrated with Avail to drive cross-chain transfers of tokenized assets. Moreover, “A7A5,” a Rubble-backed stablecoin, has recently moved a staggering $9.3B on Grinex, a sanctioned Russian platform.
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