Crypto Market Sees Slight Volatility as Fear & Greed Index Hits Neutral

The worldwide crypto market is witnessing slight volatility, as the latest 24-hour data suggests. Hence, the total crypto market capitalization is currently standing at $2.66T, showing a 1.49% drop. However, the 24-hour crypto volume has surged by 8.31%, hitting the $95.02B mark. At the same time, the Crypto Fear & Greed Index now accounts for 46 points, displaying “Neutral” sentiment among the market participants.

Bitcoin Rises by 1.62% and Ethereum Witnesses 0.23% Surge

Particularly, the leading crypto asset, Bitcoin ($BTC), is trading at $80,842.77. This price level indicates a 1.62% increase, while the market dominance of Bitcoin ($BTC) stands at 60.1%. In addition to this, the flagship altcoin, Ethereum ($ETH), is now changing hands at $2,264.80, indicating a 0.23% rise. In the meantime, Ethereum’s ($ETH) market dominance sits at 10.3%.

$CATX, $DOGO, and $TRUMP Lead Crypto Gainers of Day

Apart from that, the leading crypto gainers of the day include CATX ($CATX), DOGO ($DOGO), and TRUMP AI ($TRUMP). Specifically, $CATX has surged by a staggering 3177.59%, reaching $0.000003521. Following that, a 1878.56% rise has placed $DOGO’s price at $0.000001565. Subsequently, $TRUMP is now hovering around $0.0004888, highlighting a 498.65% jump.

DeFi TVL Surges by 0.78% and NFT Sales Volume Records 46.01% Jump

Simultaneously, the DeFi TVL has also spiked by 0.78%, touching the $86.107B mark. Additionally, the top DeFi project in terms of TVL, Lido, is up by 0.82%, attaining the $19.868B spot. Nonetheless, when it comes to a 1-day TVL change, Nawa Protocol is the top project in the DeFi landscape, accounting for a stunning 805% spike over the past twenty-four hours.

In the same vein, the NFT sales volume has jumped by 46.01%, reaching $12,315,098. Similarly, the top-selling NFT collection, “$X@AGI BRC-20 NFTs,” has gone through a 248658.07% rise, claiming the $1,794,516 mark.

Dune Announces 25% Layoffs Due to AI Advancement and Microsoft Cancels Claude Code Licenses

Concurrently, the crypto industry has also experienced many other influential developments across the globe over the past 24 hours. In this respect, Dune is laying off 25% of its total staff while referring to AI as the chief reason behind the need for a smaller workforce.

Moreover, PWC is planning to train 30K staff members on the Claude Code of Anthropic to overhaul the legacy banking systems. Furthermore, Microsoft is officially revoking the majority of Claude Code licenses while shifting developers to GitHub Copilot CLI.