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Home » Crypto Market Sees Cautious Optimism With Mixed Performance
Crypto Market Sees Cautious Optimism With Mixed Performance

Crypto Market Sees Cautious Optimism With Mixed Performance

January 18, 20263 Mins ReadNo Comments Altcoins
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The global crypto market keeps displaying a cautious optimism as the latest 24-hour data suggests. Thus, the cumulative crypto market capitalization has hit $3.22T after a minor 0.07% dip. In addition to this, the 24-hour crypto volume has also dropped to $59.86B led by a 33.48% decrease. At the same time, the Crypto Fear & Greed Index sits at 49 points, suggesting a “Neutral” sentiment.

Bitcoin ($BTC) Dips by 0.21% But Ethereum ($ETH) Witnesses 0.86% Jump

The leading dominant crypto asset, Bitcoin ($BTC), is currently changing hands at $95,076.83. This price indicates a 0.21% decline while $BTC’s market dominance stands at 58.9%. Additionally, the top altcoin, Ethereum ($ETH), is trading at $3,312.51, underscoring a 0.86% rise. In the meantime, the market dominance of $ETH stands at 12.4%.

$DOGS, $CAT, and $TRUMP Lead Top Crypto Gainers of Day

Simultaneously, the key crypto gainers of the day include, HARRI DOGS ($DOGS), NOT ($CAT), and TRUMP MOG ($TRUMP). In particular, $DOGS has climbed by a staggering 1428.54%, reaching $0.09601. Following that, $CAT’s 980.25% increase has placed its price at $0.1924. Subsequently, with a 626.84% surge, $TRUMP’s price accounts for $0.002772.

DeFi TVL Rises by 0.45% and NFT Sales Volume Records 3.56% Increase

Apart from that, the DeFi TVL has seen a 0.45% increase, touching the $129.46B spot. Similarly, the top DeFi project in terms of TVL, Aave, has recorded a 0.40% spike, hitting $36.178B. However, when it comes to 1-day TVL change, Rho Markets claims the leading position, accounting for a  huge 21207% increase over the past twenty-four hours.

In the same vein, the NFT sales volume has also undergone a 3.56% jump, reaching $8,178,101. Additionally, the top-selling NFT collection, YES BOND, has attained the $573,546 spot following a 7.50% surge.

U.S. Senate Pushes Back on Trump Tariff Plan as Ethereum Validator Exits Hit Lows

Concurrently, several other notable developments have also taken place in the crypto industry across the globe over 24 hours. In this respect, the U.S. Senate democrats have proposed a bill to stop the European tariff strategy that President Trump has proposed.

Moreover, a Canadian venture, Kepler Communication, has unveiled ten more low- Earth- orbit satellites via a SpaceX Falcon 9 rocket to broaden the satellite network. Furthermore, the validator exit queue of Ethereum has dropped to zero amid the stunning demand growth.

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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