Daily Crypto Market Update

Bitcoin (BTC) price is now at $97K, down 2.1%. Ethereum (ETH) is also sluggish, at $3.35K, down 4.1%. But market sentiment is "Greed" or many are optimistic, with an index figure of 73. Unfortunately, the overall market cap fell 5.4% to $3.47 trillion, and 24-hour trading volume also plunged 56% to $196 billion.

For hot tokens, there is $ODOS which is trending number one on CoinGecko. On Binance, the $HIVE token rose the most, +36%. But not all tokens are happy, because $USUAL is the one that lost the most with a decrease of -18%. Meanwhile, Fuel Network $FUEL is the number one trending token on CryptoRank.

The DeFi market is also sluggish. The total value locked (TVL) in DeFi is at $178 billion, down 6.7%. But there are some chains that are actually rising, such as Ink, whose TVL jumped +35%, and ZeroLend with an increase of +37%. In contrast, PulseChain experienced the largest TVL decline, -7.4%.

In the NFT segment, the market volume is now $26.6 million, down 37%. The Azuki NFT collection is still the most crowded with 3.5 million trading volumes. The most expensive NFT sold was CryptoPunk#1241for $147 thousand. Interestingly, the Passaways collection recorded the highest volume growth, up 721%.

by indocukong