Crypto Landscape Records Optimism Amid Slight Price Recovery

Over the past 24 hours, the crypto sector has turned green with major assets witnessing minor rebounds. Thus, the total crypto market capitalization has reached $3.1T after a 1.58% rise. In addition to this, the 24-hour crypto volume has jumped by 50%, hitting $113.7B. Concurrently, the Crypto Fear & Greed Index stands at 24 points, showing “Fear” among the crypto community.

Bitcoin Spikes by 1.77% and Ethereum Sees 2.51% Surge

Particularly, the top cryptocurrency, Bitcoin ($BTC), is now trading at $91,128.30. This price level indicates a 1.77% increase over 24 hours, while $BTC’s market dominance sits at 58.7%. Additionally, the flagship altcoin, Ethereum ($ETH), is changing hands at $3,126.02, displaying a 2.51% increase. Meanwhile, its market dominance accounts for 12.2%.

Sponsored

class="wp-block-heading">$AEGIS, $CAT, and $MICHI Dominate Daily Crypto Gainers

Apart from that, Aegis Ai ($AEGIS), NOT ($CAT), and $MICHI are the top on the list of prominent crypto gainers of the day. Specifically, $AEGIS has jumped by a staggering 1176.47% to hit $0.00000000000005000. Subsequently, $CAT’s price has reached $0.03975 due to a 564.29% increase. Following that, a 558.02% surge has placed $MICHI price at $0.0003595.

DeFi TVL Jumps by 1.40% and NFT Sales Volume Witnesses 9.07% Rise

Simultaneously, the DeFi TVL has surged by 1.40% to claim the $122.028B mark. Additionally, the top DeFi project in terms of TVL, Aave, has gone through a 1.02% rise to attain the $33.793B spot. However, when it comes to 1-day TVL change, DegenSwap is the leading DeFi player, showing a stunning 66648% jump over twenty-four hours

 In the same vein, the NFT sales volume has experienced a 9.07% increase, touching $7,070,663. Nonetheless, the top-selling NFT collection, Algebra Positions NFT-V2, has dipped by 4.44% to reach $694,510.

Robinhood to Acquire Indonesian Crypto Entities, GoTyme Digital Bank Offers Crypto Services

Moving on, the crypto industry has also seen many other influential developments over 24 hours. In this respect, Robinhood has announced plans to enter the Indonesian market with the acquisition of PT Pedagang Aset Kripto and PT Buana Capital Sekuritas. Moreover, the Philippines GoTyme digital bank has launched crypto services after a collaboration with the U.S.-based Alpaca.

Furthermore, the Italian financial market regulatory agency has cautioned crypto entities to get approval under the Markets in Crypto Assets (MiCA) regulation of the European Union before the year-end deadline or otherwise stop local service.