The worldwide crypto sector is displaying a robust positive sentiment with steady progress. The data reveals a 0.92% upsurge in crypto market cap that has touched the $3.36T mark over the past 24 hours.
In addition to this, the 24-hour crypto volume has jumped to $89.05B after a 39.58% increase. At the same time, the crypto Fear & Greed index maintains its neutral position at 52 points.
Bitcoin and Ethereum See 0.55% and 2.30% Price Spikes
The flagship crypto asset, Bitcoin ($BTC), has witnessed a 0.55% increase, reaching the $108,583.59 mark in terms of price. Additionally, the market dominance of the top cryptocurrency has touched $64.4%. Concurrently, Ethereum ($ETH) has also recorded a 2.30% spike, attaining the $2,602.60 spot. Apart from that, Ethereum’s market dominance has reached 9.2%.
$MICHI, $SWOL, and $TURBO Dominate Crypto Gainers
Simultaneously, Michi ($MICHI), Snowy Owl ($SWOL), and TURBO BOME ($TURBO) have dominated the crypto gainers over twenty-four hours. Particularly, $MICHI has seen a 2170.45% boost, placing its price at $0.02239. Subsequently, $SWOL has climbed by 1986.62% as its price has now touched the $0.0001530 mark. After that, $TURBO stands at $0.00001528 following a 2532.70%.
DeFi TVL Witnesses 1.28% Rise and NFT Sales Volume Jumps by 24.76%
Similarly, the DeFi market has gone through a 1.28% increase in its TVL that now stands at $116.786B. Additionally, AAVE, the top DeFi project in terms of TVL, has beheld a 2.15% upsurge, raising its TVL to $26.423B. However, in the case of a 1-day TVL rise, Brise Swap leads the rest with a 13505562489248598016% increase over the past twenty-four hours.
Along with that, the non-fungible token (NFT) sales volume has also hit the $17,781,510 spot after a 24.76% spike. Analogously, Courtyard, the 1st top-selling NFT collection, has recorded a 3.45% surge in sales volume.
U.K. Court Sentences Imprisonment for 2 Men for Defrauding 65 Victims While Coinbase Gets New York License
Overall, the crypto market has also witnessed many other noteworthy developments worldwide. In this respect, a UK-based court has issued an imprisonment sentence for 2 men engaged in a plotted crypto investment fraud that scammed 65 victims, draining £1.54M (nearly $2.1M).
Moreover, the South Korean authorities have proposed a grant of benefits for startup crypto entities via reclassification. Furthermore, the popular crypto exchange, Coinbase, has secured a license in New York while adding 4 new tokens to its trading ecosystem.
