Crypto Market Drops to $2.54T As Sentiment Shifts to Neutral

The global crypto landscape has witnessed a modest decline over the past 24 hours. Hence, the total crypto market capitalization has hit the $2.54T because of a 2.51% dip. In addition to this, the 24-hour crypto volume has dipped by 33.47% to reach $116.31B. At the same time, the Crypto Fear & Greed Index stands at 55 points, showing “Neutral” sentiment among the market participants.

Bitcoin Dips by 1.84% and Ethereum Sees 2.91% Drop

Particularly, the top crypto asset, Bitcoin ($BTC), has witnessed a 1.84% decrease, with its price touching $74,225.69. Additionally, the market dominance of $BTC sits at 59.4%. In the same vein, the flagship altcoin, Ethereum ($ETH), is now changing hands at $2,257.86, highlighting a 2.91% drop. In the meantime, $ETH’s market dominance is 11.1%.

$CATX, $BEER, and $STOCK Dominate Crypto Gainers of Day

Apart from that, the prominent names on the list of today’s key crypto gainers include CATX ($CATX), Beers ($BEER), and Coin Stock ($STOCK). Specifically, $CATX has jumped by a staggering 2617.78%, reaching $0.00001099. Subsequently, a 486.72% rise has placed $BEER’s price at $0.3672. Following that, $STOCK is now hovering around $18.98 after a 364.37% increase.

DeFi TVL Slumps by 7.64% While NFT Sales Volume Rcords 15.42% Increase

Simultaneously, the DeFi TVL has plunged by 7.64%, hitting the $85.801B mark. Additionally, the top DeFi project in terms of TVL, Lido, has dipped by 2.72%, touching $21.466B. Nonetheless, when it comes to 1-day TVL change, Valas Finance accounts for the top position in the DeFi market, claiming a stunning 39389% growth over the past twenty-four hours.

Similarly, the NFT sales volume has also jumped by 15.42%, attaining the $8.284,558 spot. In the same vein, the top-selling NFT collection, Flying Tulip PUT, has surged by 83.87%, touching $1,434,366.

LayerZero Blames North Korea’s Lazarus Group for KelpDAO Hack as Polymarket Eyes $400M Raise

Moving on, the crypto market has also seen many other noteworthy developments across the globe over 24 hours. In this respect, LayerZero has blamed the Lazarus Group of North Korea for the KelpDAO exploit.

Moreover, Polymarket is planning a collection of $400M at a likely valuation of $15B. Furthermore, the KelpDAO $rsETH bridge hack has spread to Solana with sheer spikes in $USDC markets’ deposit APY on the Komino lending protocol of Solana.