Crypto Sector Wavers as Geopolitical Tensions Influence Market Performance

The worldwide crypto market is again underwater, showing a decline over the past 24 hours. Hence, the total crypto market capitalization has dropped by 1.14%, reaching $2.42 T. In addition to this, the 24-hour crypto volume presents a 23.94% dip, hitting the $91.18B mark. At the same time, the Crypto Fear & Greed Index stands within the “Neutral” zone.

Bitcoin ($BTC) Jumps by 1.62%, and Ethereum ($ETH) Sees 0.67% Surge

Particularly, the leading crypto asset, Bitcoin ($BTC), is now trading at $72,128.42. This price level indicates a 1.62% rise, while the market dominance of $BTC accounts for 58.9%. In addition to this, the flagship altcoin, Ethereum ($ETH), is now changing hands at $2,196.69, showing a 0.67% increase. In the meantime, $ETH’s market dominance is 10.9%.

PEPE, IRISnet, and TRUMP MOG Dominate Crypto Gainers of Day

Apart from that, the list of today’s top crypto gainers takes into account PEPE ($TRUMP), IRISnet ($IRIS), and TRUMP MOG ($TRUMP). Specifically, PEPE ($TRUMP) has surged by a staggering 1135.52% to reach $0.04508. Subsequently, a 772.64% increase has placed IRISnet’s ($IRIS) price at $0.003003. Following that, TRUMP MOG ($TRUMP) is now hovering around $0.0004958 after a 472.68% jump.

DeFi TVL Spikes by 0.74% While NFT Sales Volume Slumps by 8.67%

Simultaneously, the DeFi TVL presents a 0.74% rise at the $94.838B spot. In addition to this, the top DeFi project in terms of TVL, Aave, displays a 1.35% increase while sitting at $25.167B. However, when it comes to 1-day TVL change, QIELend occupies the top position in the DeFi market, claiming a stunning 792% spike.

On the other hand, the NFT sales volume has plunged by 8.67%, touching $7,020,074. Additionally, the top-selling NFT collection, Courtyard, has experienced a 18.29% at $1,095,618.

xAI Sues Colorado Over Free Speech, South Korea Tightens Crypto Rules

Concurrently, the crypto landscape has also witnessed several other crucial developments over 24 hours across the globe. In this respect, xAI has sued Colorado over potential violations of free speech safeguards. Moreover, South Korea has proposed more stringent regulations for crypto transfers. Furthermore, x402 protocol has included usage-focused pricing for all AI compute.