The crypto market is facing a new volatility phase, leading to mixed feelings among major players. Despite the decline in capitalization, trading volume is increasing.
Decline of Bitcoin and Ethereum
Bitcoin is trading at $118,641.09, indicating a decrease of 0.68% over the last 24 hours. Bitcoin's market dominance is 60.7%. Ethereum is priced at $3,790, representing a 3.69% dip, with a market dominance of 11.7%.
Leaders Among Crypto Gainers
Notable gainers in the cryptocurrency space include Port Finance ($PORT), Snowy Owl ($SWOL), and Official Melania Trump ($TRUMP). Port Finance has surged by 2253.18% to $0.002392, Snowy Owl by 1595.25% to $0.0001148, and $TRUMP by 1164.96% to $0.1128.
DeFi and NFT Data
DeFi's total value locked (TVL) has dropped by 2.16%, reaching $140.224B. Lido remains the leading DeFi project with $34.071B. In contrast, NFT sales volume surged by 16.82%, reaching $30,432,866, with CryptoPunks sales increasing by 565.94% to $8,906,468.
The crypto market is in a state of uncertainty, as evidenced by the decline in Bitcoin and Ethereum prices alongside a rise in the NFT sector, indicating ongoing dynamics in various directions.
