XRP News Today: Crypto Market Capitalization Surges 3.64% Despite Bitcoin’s 3.74% Decline

The crypto market is experiencing a strong momentum despite Bitcoin’s ($BTC) decline to $117K. The total crypto market capitalization now stands at $3.81T after a 3.64% increase over the past 24 hours. The 24-hour crypto volume has surged by 61.82% to reach the $187.54B mark. At the same time, the crypto Fear & Greed index is also in the “Greed” territory, accounting for 70 points.

Bitcoin has recorded a drop to $117K after reaching its new all-time high of $123K. At present, it accounts for a 3.74% decrease over twenty-four hours while trading at $117,504. Bitcoin’s current market dominance level is 63.8%. Additionally, Ethereum ($ETH) is changing hands at $3,025, presenting a 2.44% increase. Concurrently, its market dominance is 9.6%.

BitBall ($BTB), Mubarak ($MUBARAK), and Coin Stock ($STOCK) are the dominant crypto gainers of the day. $BTB has seen a staggering 1128.17% increase to reach $0.001351. Following that, $MUBARAK has jumped by 347.59% to touch $0.01473. Subsequently, $STOCK has touched $28.68 after a 333.94% spike.

The TVL of the DeFi sector has dropped by 0.87% over the past 24 hours, reaching $126.24B. AAVE occupies the top position among the DeFi projects in terms of TVL, while accounting for a 0.35% rise at $29.424B. However, in the case of 1-day TVL increase, Tangible stands atop others with a 65817% growth over twenty-four hours.

On the other hand, the NFT sales volume has plunged by 38.21% to reach $19,162,336. The top NFT collection, Courtyard, saw 18.65% slump as its sales volume has touched $2,148,827.

Several other influential developments have also taken place across the globe over the past 24 hours. Kazakhstan is planning to invest its National Reserves into crypto amid growing adoption. The popular exchange is providing investors with fourteen tokenized stocks for trading. Furthermore, the Ultra XRP ETF has gained listing clearance to deliver 2x leveraged $XRP price exposure.