The global crypto market shows mild recovery as Bitcoin ($BTC) nears $108K and NFT volumes rise, meanwhile, U.K. approves BlackRock Bitcoin ETP.The global crypto market shows mild recovery as Bitcoin ($BTC) nears $108K and NFT volumes rise, meanwhile, U.K. approves BlackRock Bitcoin ETP.

Crypto Market Shows Steady Gains Amid Mixed Sentiment

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The worldwide crypto sector is showing slight signs of recovery as the latest 24-hour insights indicate. In this respect, the total crypto market capitalization has reached $3.65T after 0.03% rise. In addition to this, the 24-hour crypto volume has also jumped by 36.90% to reach $227.1B. Concurrently, the Crypto Fear & Greed Index is also moving upward, accounting for 29 points while still standing in the “Fear” territory.

Bitcoin Sees Slight 0.58% Rise While Ethereum Slips by 0.07%

Particularly, the top crypto asset, Bitcoin ($BTC), is now trading at $108,242.78, indicating a 0.58% rise. At the same time, its market dominance is hovering around 59.1%. Contrarily, the leading altcoin, Ethereum ($ETH), is now changing hands at $3,864.03, displaying a 0.07% dip. Additionally, its market dominance is 12.8%.

$TURBO, $BPX, and $FLŌKI Dominate Crypto Gainers of Day

Apart from that, the top crypto gainers of the day include TURBO BOME ($TURBO), Black Phoenix ($BPX), and Flōki ($FLŌKI). Specifically, with a staggering 1740.76% increase, $TURBO has reached $0.000004514. Following that, $BPX has surged by 1307.02%, touching $2.81 in price. Subsequently, $FLŌKI’s current price is $0.0000000000009956 after an 1170.26% increase.

DeFi TVL Records 1.98% Slump While NFT Sales Volume Surges by 20.90%

Subsequently, the DeFi TVL has dropped by 1.98%, attaining the $150.225B mark. Additionally, the top DeFi project in terms of TVL, Aave, has plunged by 1.80%, reaching $38.342B. Nonetheless, when it comes to 1-day TVL change, SpookySwap takes the top position, claiming the stunning 1970% spike over 24 hours.

On the other hand, the NFT sales volume has recorded a 20.90% increase, claiming the $13,426,154 figure. In the same vein, the top-selling NFT collection, DX Terminal, has jumped by 207.43% to touch $1,486,920 spot.

U.K. Approves BlackRock Bitcoin ETP, Kadena Halts Operations

Moving on, the crypto landscape has also seen many other notable developments over 24 hours. A key event in this respect is the U.K. government’s clearance for crypto, as the Bitcoin ETP of BlackRock has gone live on London Stock Exchange.

Moreover, Kadena, a well-known crypto platform, has suddenly announced a shutdown, blaming uncertain market conditions. Furthermore, Bealls, a U.S. retailer, has expressed plans to embrace crypto in 99 assets across its 660 stores.

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