Crypto Market Witnesses Mixed Signals Amid Reluctant Investor Sentiment

The worldwide crypto sector has witnessed mixed performances over the past 24 hours. Hence, the total crypto market capitalization has dropped by 1.91%, reaching $3.07T. However, the 24-hour crypto volume has touched $144.56B with a 14.20% increase. Concurrently, the Crypto Fear & Greed Index stands at 26 points, presenting “Fear” in the market.

Bitcoin Slips by 2.06% and Ethereum Records 4.64% Decrease

Particularly, the flagship cryptocurrency, Bitcoin ($BTC), has seen a 2.06% dip in its price. As a result, it is now changing hands at $90,348.98 while its market dominance is 58.7%. In addition to this, the leading altcoin, Ethereum ($ETH), is trading at $3.088.83, displaying a 4.64% decrease. In the meantime, Ethereum’s market dominance sits at 12.1%.

$TSLA, $PEOPLE, and $TURBO Lead Daily Crypto Gainers

Along with that, today’s top crypto gainers take into account Tesla ($TSLA), MAGA ($PEOPLE), and Turbo Trump ($TURBO). Specifically, $TSLA has jumped by a staggering 750.32%, hitting the $0.5386 mark. Following that, $PEOPLE’s 490.36% rise has placed its price at $0.00006692. Subsequently, at $0.02146, $TURBO shows a 455.66% increase.

DeFi TVL Drops by 1.42% and NFT Sales Volume Experiences 8.80% Slump

Subsequently, the DeFi TVL has dipped by 1.42%, reaching $121.126B. Additionally, the top DeFi project, Aave, has climbed to the $32.687B spot. Nonetheless, when it comes to the 1-day TVL change, zkBoost stands in the top position in the DeFi market, claiming a stunning 158243% jump over the past twenty-four hours.

On the other hand, the NFT sales volume has plunged by a notable 8.80%, reaching $110,082,820. At the same time, the top-selling NFT collection, $ORDI+ BRC-20 NFTs, has spiked to $741,323.

Crypto Lobby Group Rebuttal’s Citadel Securities’ Push for Strict DeFi Rules, Fed Announces $40B Buyouts

Moving on, the crypto industry has gone through many other developments over 24 hours. In this respect, a crypto group including The Digital Chamber, the DeFi Education Fund, and more, has opposed the request made by Citadel Securities to the U.S. SEC for Stringent DeFi regulations.

Moreover, the Federal Reserve has announced $40B buyouts under the exclusive Treasury Reserve Management Purchases initiative. Furthermore, the Polish authorities are pushing the President to authorize a crypto framework while keeping in view security risks.