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Home » Crypto Market Sees Steady Performance As $BTC Persists Above $80K
Crypto Market Sees Steady Performance As $BTC Persists Above K

Crypto Market Sees Steady Performance As $BTC Persists Above $80K

May 7, 20263 Mins ReadNo Comments Altcoins
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The crypto landscape is moving steadily, as the latest 24-hour data reveals. Hence, the total crypto market capitalization has reached the $2.68T mark, showing a 0.54% decrease. However, the 24-hour crypto volume has surged by 1.98%, hitting $150.53B. At the same time, the Crypto Fear & Greed Index accounts for 49 points, expressing “Neutral” sentiment among the market participants.

Bitcoin ($BTC) Drops by 0.53%, and Ethereum ($ETH) Sees 1.70% Dip

Particularly, the flagship cryptocurrency, Bitcoin ($BTC), is now trading at $80,932.24. This price level highlights a 0.53% dip, while the market dominance of $BTC stands at 60.4%. Additionally, the leading altcoin, Ethereum ($ETH), discloses a 1.70% decrease as its price sits at $2,325.73. In the meantime, Ethereum’s ($ETH) market dominance is 10.5%.

$GPM, $CAT, and $USDUT Lead Top Crypto Gainers of Day

Apart from that, Gold Pump Meme ($GPM), $CAT, and Unstable Tether ($USDUT) are leading the list of today’s top crypto gainers. Specifically, $GPM has jumped by 1703.35% to touch the price level of up to $0.01099. Subsequently, $CAT’s price is hovering around $0.02979, indicating a 1004.38% increase. Following that, an 862.34% surge has placed $USDUT’s price at $0.0002572.

DeFi TVL Slumps by 0.24%, While NFT Sales Volume Surges by 9.59%

Simultaneously, the DeFi TVL has dropped by 0.24%, attaining the $85.607B mark. Similarly, the top DeFi project in terms of TVL, Lido, has plunged by 2.56%, reaching $20.917B. Nonetheless, when it comes to 1-day TVL change, Ball Exchange is the top DeFi project, claiming a staggering 257703% growth over the past twenty-four hours.

In the same vein, the NFT sales volume is 9.59% up at $6,492,474. Additionally, the top-selling NFT collection, “0xbb5…ca16f,” has spiked by 95.22% to claim the $690,600 figure.

Aave Liquidates Kelp DAO Exploiter Positions as Sharplink Adds 491 ETH Rewards

Concurrently, the crypto market has also witnessed many other notable developments across the globe over the past 24 hours. In this respect, Aave has officially liquidated the remaining positions of the Kelp DAO exploiter in $rsETH on Arbitrum and Ethereum.

Moreover, Sharplink has added 491 $ETH coins in weekly rewards amid the growing momentum around the staking model. Furthermore, Ryan Cohen, the CEO of GameStop, has disclosed that eBay has permanently suspended his account following its consideration of his activity to be risky for the marketplace community.

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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