Crypto Market Displays Mixed Price Trends Amid Rise in Bitcoin Dominance

Sponsored
Sponsored
The worldwide crypto landscape is currently experiencing mixed trends amid Bitcoin’s ($BTC) growing market dominance. As per the new market data, the total crypto market capitalization has touched $3.48T after a 0.46% decrease, while the total crypto trading volume has reached $124.29B following a 12.96% decrease. Apart from that, the Fear & Greed Index accounts for 70 points, highlighting a noteworthy “greed” in the crypto market.

Bitcoin Attains $103,913 Mark While Ethereum Stands at $2,509

The top cryptocurrency Bitcoin ($BTC) is now trading at $103,913 after a slight 0.24% price dip recorded over the past twenty-four hours. Additionally, the market dominance of Bitcoin is standing at 59.23%. Concurrently, the current price of Ethereum ($ETH) is hovering around $2,509 following a 1.40% drop, whereas its market dominance is nearly 9.1%.

Sponsored
class="wp-block-heading">$PIPPIN and $PI Dominate Crypto Gainers

In addition to this, the top daily crypto gainers include $PIPPIN and $PI. Leading small-cap crypto assets, $PIPPIN has seen a 75.0% rise over 24 hours. As a result of this, its price has reached the $0.0447 mark. Along with that, $PI’s price has reached $1.26. This price level indicates a cumulative 31.3% increase throughout the past 24 hours.

DeFi TVL Dips by 1.33% Whereas NFT Sales Volume Soars by 2.48%

Simultaneously, the DeFi market now accounts for a minor plunge of 1.33% in its TVL, which has touched $117.346B. The DeFi project in terms of TVL is AAVE, as it accounts for $24.329B. Nonetheless, Titan Protocol enjoys the top position in terms of daily TVL growth while expressing a 119494% increase.

On the other hand, the NFT sector shows a 2.48% jump as its sales total sales volume has reached $16,454,918. Particularly, Courtyard maintains its status as the top NFT collection based on sales volume, irrespective of a 16.34% decline.

Sponsored

Metaplanet Buys $126.7M in $BTC and Ledger Reinstates Discord Server After Phishing Scam

Amid this mixed performance in the crypto market, T-Rex, Sonic, and GoQuant have carried out effective funding rounds, collecting $17M, $10M, and $4M respectively. Concurrently, Metaplanet Inc. has acquired $126.7M more in $BTC, raising its Bitcoin holdings to 6,796 $BTC.

Moreover, Ledger has recently recovered its Discord server following a phishing scam that hit its moderator. Furthermore, Lido Finance has asserted that its protocol is completely secure after a recent oracle attack.

Go to Source
Author: NixCoin

kryptonew

Share
Published by
kryptonew

Recent Posts

SOL Goes Live on XRP Ledger as Axelar Brings Solana to XRPL

Key Highlights SOL is now live on the XRP Ledger, giving users access to Solana’s…

14 hours ago

Cboe Files With SEC to List 3x Bitcoin and Ether ETFs

AI SummaryShowCboe seeks SEC approval for six 3x leveraged ETFs, including Bitcoin and Ether funds,…

14 hours ago

Lido Calls for Deeper Review Before EIP-8363 Advances

Key Highlights Lido contributors urged the Ethereum community to conduct a broader review of EIP-8363…

14 hours ago

Nigel Farage Wins UK By-Election Amid Crypto Donation Probe

Key Highlights Nigel Farage won the Clacton by-election with 62.8% of the vote. A parliamentary…

14 hours ago

SEC Cancels Crypto Meeting: Why Rulemaking Just Hit Another Wall

AI SummaryShowSEC cancels meeting to propose crypto rulemaking, citing unforeseen scheduling issue, delaying Regulation Crypto…

14 hours ago

Morpho Sees Record 5.59M Token Exodus From Exchanges

Key Highlights 5.59M MORPHO tokens left exchanges on August 13, marking the largest daily outflow…

2 days ago

This website uses cookies.

Read More