Crypto Sector Sees Slight Dip Amid Recovery In Altcoin Sector

The crypto market has gone through a modest decline, as the new statistics reveal. In this respect, the total crypto market cap shows a 1.24% dip over the past 24 hours at $3.29T while the twenty-four-hour crypto volume has slumped by 16.49%, reaching $111.82B. Additionally, the crypto Fear & Greed index has also slightly dipped to 68 while denoting “greed.”

Bitcoin Dips by 0.56% While Ethereum Indicates 4.21% Price Decrease

Particularly, Bitcoin ($BTC) has witnessed a 0.56% price decrease over the recent twenty-four hours to claim the $103,437.79 mark. Along with that, the market dominance of Bitcoin ($BTC) has touched 62.6%. Just like the top crypto asset, Ethereum ($ETH) went through 4.21% dip, after which it is now changing hands at $2,484.09. In addition to this, Ethereum ($ETH) has a market dominance of up to 9.1%. This highlights a notable spike in Ethereum’s market dominance, pointing toward a wide-scale altcoin market rebound.

$SNL, $FTW, and $GROK Lead Daily Crypto Gainers

Simultaneously, the top daily crypto gainers include Snow Leopard ($SNL), Black Agnus ($FTW), and BOME GROK ($GROK). These altcoins account for 3230.34%, 1416.01%, and 885.16% price surges over 24 hours. As a result of this, the prices have touched $0.0000006546, $0.00000005015, and $0.001000 respectively. Along with that, their market caps stand at $15,713,747, $501,658, and $1,093,909, respectively.

DeFi TVL Shows 8.67% Decline, Whereas NFT Sales Volume Experiences 20.61% Plunge

Analogous to the dips in the top crypto tokens, the DeFi sector also displays a relative plunge. Thus, the DeFi TVL has plunged by 8.67% to reach $114.377B. Concurrently, AAVE has again taken the top position in terms of TVL after reaching $23.384B. Nevertheless, based on the TVL growth, Threshold Network has become the 1st DeFi platform when it comes to TVL growth. Its TVL accounts for a staggering 363373% increase over past 24 hours.

Apart from that, the NFT landscape presents a 20.61% dip that has pushed its sales volume to $15,361,186. Nonetheless, DMarket has recorded a 24.86% increase in sales volume at $1,279,852 to attain the 1st rank among the NFT collections.

France to Increase Security for Crypto Entrepreneurs and Trump’s WLF Invests $3M in $EOS

Alongside, the wider crypto landscape is also seeing noteworthy developments. A significant event in this respect is the French government’s promise to improve security measures to secure entrepreneurs after many kidnappings.

Additionally, in line with the increasing demand for $USDT, Tether has minted approximately 16B $USDT via Tron Network. Moreover, as the altcoin sector is making a notable recovery, the U.S. President Donald Trump’s World Liberty Financial (WLF) has invested a huge $3M in the crypto token $EOS.