Crypto Sector Records Strength as Market Cap Hits $2.68T

The crypto landscape has experienced notable growth over the past 24 hours. Hence, the total crypto market capitalization has reached $2.68T, showing a 1.39% increase. However, the 24-hour crypto volume has plunged by 51.08%, reaching $95.35B. At the same time, the Crypto Fear & Greed Index stands at 50 points, displaying a “Neutral” sentiment among the market participants.

Bitcoin Surges by 0.39% and Ethereum Sees 0.50% Increase

The flagship cryptocurrency, Bitcoin ($BTC), is changing hands at $80,767.29. This price level indicates a 0.39% increase, while Bitcoin’s ($BTC) market dominance is sitting at 60.0%. In addition to this, the leading altcoin, Ethereum ($ETH), is currently trading at $2,328.66, suggesting a 0.50% rise. In the meantime, the market dominance of Ethereum ($ETH) accounts for 10.4%.

$BPX, $GPM, and $NFLXX Lead Crypto Gainers of Day

Apart from that, the top crypto gainers of the day include Black Phoenix ($BPX), Gold Pump Meme ($GPM), and Netflix tokenized stock ($NFLXX). Particularly, $BPX has surged by a staggering 1929.95% to hit $2.81. Subsequently, a 1674.08% increase has placed $GPM’s price at $0.01099. Following that, $NFLXX is currently hovering around $894.84 after a 792.72% increase.

DeFi TVL Spikes by 0.21%, While NFT Sales Volume Witnesses 54.73% Dip

Simultaneously, the DeFi TVL has jumped by 0.21%, hitting $85.527B. Nonetheless, the top DeFi project in terms of TVL, Lido, is 0.12% down at $20.422B. On the other hand, when it comes to 1-day TVL change, zkFox is the leading DeFi player, claiming a stunning 10077958% spike over the past twenty-four hours.

Contrarily, the NFT sales volume has slumped by 54.73%, touching $6,235,849. In the same vein, the top-selling NFT collection, Courtyard, has dropped by 38.88% to touch $758,660.

Trump Media Sees $405.9M Q1 Loss, Payward Files to Provide Federally Regulated Custody Services

Moving on, the crypto market has also witnessed many other critical developments across the globe over the past 24 hours. In this respect, Trump Media has reported a total $405.9M in net Q1 loss led by crypto-based holdings.

Moreover, Payward, the parent company of the crypto exchange Kraken, has submitted an OCC filing to develop Payward National Trust Company (PNTC) to provide federally regulated custody service for digital assets. Furthermore, Wasabi Protocol has reported that the conclusive consumer compensation plan is still pending following a security breach.