Crypto Market Stable at $3.29 Trillion Amid Minor Gains and Losses

The worldwide crypto market is currently experiencing a period of stability with minor fluctuations. The latest market data reveals that the total crypto market capitalization has reached $3.29 trillion following a slight increase of 0.24%. However, the 24-hour crypto volume has decreased by 29.50% to reach $65.57 billion. Concurrently, the crypto Fear & Greed index stands at 50 points, indicating a neutral market sentiment.

Bitcoin, the flagship crypto asset, has seen a minor price dip of 0.05%, bringing its value to $107,283.77. Its market dominance currently stands at 64.8%. In contrast, Ethereum has experienced a 0.11% rise, reaching $2,431.28. Ethereum's market dominance is nearly 8.9%.

Among the top crypto gainers of the day are $1000CAT, $BROCCOLI714, and $LPT. Specifically, $1000CAT has surged by 24.10%, reaching $0.000762. $BROCCOLI714 is now trading at $0.03337 following a 20.64% rise. $LPT has shown an 18.40% increase, currently priced at $6.910.

The decentralized finance (DeFi) sector has seen a 1.32% increase in total value locked (TVL), reaching $111.734 billion. AAVE remains the top-performing DeFi project in terms of total TVL, with $24.88 billion. Tangible has shown a remarkable 63931% TVL growth over 24 hours, outperforming other projects in terms of 1-day TVL change.

Similarly, the NFT sales volume has increased by 16.24%, reaching $22,957,260. Guild of Guardians Heroes has maintained its top spot among the top-selling NFT collections, recording a 31.01% boost in sales to reach $6,386,376.

The crypto market is also experiencing several other developments that impact or tend to influence its wider statistics. Notably, the U.S. President Donald Trump’s $5 trillion “big, beautiful bill” has passed its initial official Senate vote with a narrow margin. Additionally, Lido DAO has authorized a dual governance structure to benefit stakers, providing $stETH holders with veto power in the case of proposals.

The crypto market's minor rise of 0.24% amidst a neutral sentiment suggests a cautious optimism among investors. Ethereum's increase while Bitcoin saw a decline indicates a shift in investor preferences. The steady growth in the DeFi and NFT sectors is particularly noteworthy, reflecting ongoing interest and investment in these areas despite the overall market's neutral sentiment. This stability could be a precursor to more substantial gains if positive developments or regulatory clarity emerge in the near future.