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Home » Crypto Market Signals Recovery Amid Fear-Driven Sentiment
Crypto Market Signals Recovery Amid Fear-Driven Sentiment

Crypto Market Signals Recovery Amid Fear-Driven Sentiment

March 31, 20263 Mins ReadNo Comments Altcoins
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The worldwide crypto sector is displaying cautious recovery signs. Hence, the total crypto market capitalization is up by 1.32%, hitting $2.33T. In addition to this, the 24-hour crypto volume has surged by 28.59% to reach $66.36B. Concurrently, the Crypto Fear & Greed Index now stands at 28 points, expressing “Fear” among the market participants.

Bitcoin ($BTC) Surges by 0.20% and Ethereum ($ETH) Sees 0.64% Increase

Specifically, the top crypto asset, Bitcoin ($BTC), is now changing hands at $67,592.93. This price level suggests a 0.20% increase, while the market dominance of $BTC sits at 58.1%. Additionally, the flagship altcoin, Ethereum ($ETH), is now trading at $2,062.21, suggesting a 0.64% increase. In the meantime, $ETH’s market dominance accounts for 10.6%.

$BPX, $TRUMP, and $PEPE Lead List of Top Crypto Gainers of Day

Apart from that, the leading crypto gainers of the day include Black Phoenix ($BPX), PEPE ($TRUMP), and PEPE AI ($PEPE). Particularly, $BPX has jumped by a staggering 2380.33% to reach $0.1076. Subsequently, an 847.65% increase has placed $TRUMP’s price at $0.0008383. Following that, after a 605.96% rise, $PEEP is now trading at $0.0009587.

DeFi TVL Surges by 1.65% While NFT Sales Volume Dips by 24.90%

Simultaneously, the DeFi TVL has spiked by 1.65%, reaching $93.676B. In addition to this,s the top DeFi project, Aave, has hit the $23.924B spot. However, when it comes to 1-day TVL change, Fira Money is the leading DeFi project, claiming a substantial 1905% increase over the past twenty-four hours.

On the other hand, the NFT sales volume signals a 24.90% drop, touching $5,459,592. Even then, the top-selling NFT collection, Courtyard, has experienced a 25.45% increase at $921,575.

Nium Introduces Dual-Network Stablecoin Card to Work on Mastercard and Visa, While Nakamoto Incurs 40% Loss in $20M $BTC Sale

Concurrently, the crypto industry has also recorded many other key developments over 24 hours across the globe. In this respect, Nium, a payments platform in Singapore, is unveiling a dual-network stablecoin card entity on Mastercard and Visa.

Moreover, the U.S. Department of Labor’s newly proposed rule aims to open the retirement market worth of $8T to crypto. Furthermore, Nakamoto, a $BTC treasury entity, is selling $20M in Bitcoin at forty percent loss.

Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.

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