Crypto Market Records Mixed Momentum Amid Overwhelming Fear

The crypto sector is displaying notable strain, with mixed developments seen over the past 24 hours. Hence, the cumulative crypto market cap has slipped by 0.71% to hit $2.33T. However, the 24-hour crypto volume has increased by 3.65% to reach $86.33B. Concurrently, the Crypto Fear & Greed Index stands at 12 points, indicating “Extreme Fear” among the market participants.

Bitcoin ($BTC) Drops by 0.69% While Ethereum ($ETH) Surges by 0.75%

Particularly, the leading crypto asset, Bitcoin ($BTC) is currently trading at $67,854.67. This price level highlights a 0.69% decrease, while the market dominance of $BTC accounts for 58.0%. Nonetheless, the flagship altcoin, Ethereum ($ETH), has witnessed a slight rise of 0.75% to reach $1,998.71. In the meantime, $ETH’s market dominance is sitting at 10.3%.

$FELIS, $TSLA, and $BPX Lead Crypto Gainers of Day

Apart from that, Felis ($FELIS), Tesla ($TSLA), and Black Phoenix ($BPX) are the top among the crypto gainers of the day. Specifically, a 1697.06% increase has raised the price of $FELIS to $0.0000005920. Subsequently, $TSLA’s current price is $0.9396, led by a 1563.92% spike. Following that, $BPX is now hovering around $2.71 after a 1265.72% surge.

DeFi TVL Plunges by 0.28% and NFT Sales Volume Sees 45.42% Decrease

Simultaneously, the DeFi TVL is 0.28% down at $96.143B. Additionally, the top DeFi project in terms of TVL, Aave, has gone through a 0.06% dip to touch the $27.167B mark. On the other hand, when it comes to 1-day TVL change, NOME Protocol is the leading DeFi player, claiming a staggering 4956% growth over the past twenty-four hours.

Contrarily, the NFT sales volume has plunged by 45.42%, hitting $10,315,691. Additionally, the top-selling NFT collection, Flying Tulip PUT, has experienced a 64.33% slump to touch the $5,158,232 figure.

Incore Bank AG Appoints Igor Djurdjevic as New Executive Board Member, Trump Initiates Huge $550B Trade Deal with Japan

At the same time, the crypto market has also undergone several other key developments across the globe. In this respect, Incore Bank AG, a prominent Swiss tech banking platform, has onboarded a new member, Igor Djurdjevic, as its Executive Board’s Head of Corporate Services to focus on legal affairs, finance, compliance, and risk control.

Moreover, the U.K. Treasury has joined HSBC to initiate the Digital Gilt Instrument pilot project. Furthermore, the U.S. President Donald Trump has announced the launch of a stunning $550B Trade Deal with Japan.