Despite recent price fluctuations, the cryptocurrency market exhibits a positive trend with increases in market capitalization and trading volume.
Bitcoin Drops to $117K, Ethereum Rises by 2.44%
Bitcoin ($BTC) has dropped to $117K, after reaching a new all-time high of $123K. Over the last 24 hours, the cryptocurrency has experienced a 3.74% decrease, currently trading at $117,504. Its market dominance stands at 63.8%. Meanwhile, Ethereum ($ETH) has increased by 2.44%, currently valued at $3,025, with a market share of 9.6%.
Crypto Gainers: $BTB, $MUBARAK, and $STOCK
Currently, prominent gainers in the crypto space include BitBall ($BTB), Mubarak ($MUBARAK), and Coin Stock ($STOCK). $BTB has surged by an impressive 1128.17%, reaching $0.001351. Following this, $MUBARAK has also risen by 347.59%, now priced at $0.01473. $STOCK has reached $28.68 following a 333.94% spike.
DeFi and NFT Market Update: TVL Declines and Sales Volume Drops
The total value locked (TVL) in the DeFi sector has declined by 0.87%, now totaling $126.24B. AAVE remains the leading DeFi project with a 0.35% increase at $29.424B. Conversely, the NFT sales volume has decreased by 38.21%, now at $19,162,336. The leading NFT collection, Courtyard, has also experienced an 18.65% slump, with sales volume reaching $2,148,827.
In the last 24 hours, the cryptocurrency market has showcased interesting dynamics despite price declines for major coins. Expectations for further growth remain high, keeping the market intriguing for observers.
