Crypto Market Displays Steady Outlook with Mixed Prices

The global crypto market is holding steady, with the key asset presenting mixed price movements. Hence, the total crypto market capitalization has hit $2.99T after a 1.01% surge over the past 24 hours. However, the 24-hour crypto volume has dipped by 9.44%, reaching $107.28B. Concurrently, the Crypto Fear & Greed Index is standing at 29 points, indicating “Fear” across the market.

Bitcoin ($BTC) Surges by 0.84% and Ethereum ($ETH) Witnesses 2.40% Increase

Particularly, the leading crypto asset, Bitcoin ($BTC), is changing hands at $89,133.16. This accounts for a 0.84% increase while the market dominance of $BTC sits at 59.1%. In addition to this, the flagship altcoin, Ethereum ($ETH), is trading at $3,008.14, suggesting a 2.40% increase. In the meantime, $ETH’s market dominance is almost 11.9%.

$PENGU, $DOGS, and $PEPE Lead Top Crypto Gainers of Day

Apart from that, today’s top crypto market gainers include PENGU AI ($PENGU), HARRIS DOGS ($DOGS), and PEPE AI ($PEPE). Specifically, $PENGU has jumped by a staggering 1200.81%, touching the $0.0002432 mark in terms of price. Following that, $DOGS witnessed a 940.30% increase, with its price reaching $0.1215. Subsequently, a 916.57% spike has placed $PEPE’s price at $0.0006728.

DeFi TVL Jumps by 1.68% and NFT Sales Volume Records 128.42% Spike

Simultaneously, the DeFi TVL has seen a 1.68% surge, attaining the $121.538B mark. Additionally, the top DeFi project in the case of TVL, Aave, has recorded a 1.71% rise, claiming the $34.768B spot. Nonetheless, when it comes to 1-day TVL change, Credix is 4814425% up, claiming the leading position in the DeFi market.

Moving on, the NFT sales volume has climbed by 128.42%, hitting the $20,302,652 figure. In the same vein, the top-selling NFT collection, Flying Tulip PUT, is now hovering around $11,399,458 after a 440.89% spike.

Tether Introduces $USAT Stablecoin for U.S. and Gemini Plans Nifty Gateway Shut Down

Concurrently, many other notable crypto developments have occurred over 24 hours across the globe. In this respect, Tether is launching $USAT as the United States’ earliest federally regulated stablecoin.

Moreover, Gemini is planning to shut down Nifty Gateway, its NFT marketplace, on the 23rd of February. Furthermore, Coinbase is experimenting with the $USDF stablecoin of Flipcash while unveiling custom stablecoins.