The global cryptocurrency market is experiencing a minor downturn influenced by recent geopolitical events. Market capitalization has declined, and major cryptocurrencies have also shown negative trends.
Price Dynamics of Bitcoin and Ethereum
Bitcoin is currently trading at $107,401.11, reflecting a 0.22% decline over the past 24 hours. Bitcoin's dominance is at 65.1%. Ethereum has decreased by 1.38% to $2,440.58, with a market share of 9.0%.
Top Crypto Gainers
Among the cryptocurrencies with the highest gains are $SAHARA, which increased by 304.50% to reach $0.08090, $HIFI with a 34.86% rise to $0.1358, and $BSW, which jumped by 25.27% to $0.0228.
Changes in DeFi and NFT Segments
DeFi's total value locked (TVL) has decreased by 0.34% to $110.668B. Notably, AAVE experienced a 2.90% dip with a TVL of $24.642B. Conversely, NFT sales volume increased by 4.01% to $20,445,870. The top-selling NFT collection, Guild of Guardians Heroes, saw a 45.44% surge, bringing its sales volume to $4,222,402.
The current state of the cryptocurrency market illustrates contrasting trends across segments, with an overall decline in capitalization, while some altcoins and NFTs continue to show growth.
