The crypto landscape is expressing signals of renewed bullish momentum. In this respect, the cumulative crypto market capitalization has surged by 2.14% over the past 24 hours, reaching the $3.88T mark. However, the 24-hour crypto volume has dipped by 21.57%, touching $178.74B. Concurrently, the Crypto Fear & Greed Index displays a “Neutral” position while accounting for 47 points.
Bitcoin Surges by 1.04% and Ethereum Sees 4.20% Increase
Particularly, Bitcoin ($BTC) is now changing hands at $11,398.18, denoting a 1.04% increase. At the same time, the market dominance of the flagship crypto asset is sitting at 57.2%. In addition to this, Ethereum ($ETH) has also recorded a 4.20% increase. In the meantime, its market dominance of the top altcoin has touched 14.4%.
$CAIR, $CRCL, and $GROK Lead Crypto Gainers of Day
Simultaneously, the crypto gainers take into account Crypto-AI-Robo.com ($CAIR), [Fake]Circle ($CRCL), and SORA GROK ($GROK). Specifically, $CAIR has witnessed a staggering 551.14% increase to reach $0.01014. Following that, $CRCL has jumped by 300.02% to touch $0.01640. Subsequently, $GROK has gone through a 392.36% to touch $0.4243 in price.
DeFi TVL Climbs by 2.65%, While NFT Sales Volume Records 17.09% Drop
Similarly, the DeFi TVL has spiked by 2.65%, touching $155.642B. Additionally, the top DeFi project in terms of TVL, Lido, has seen a 4.20% increase, claiming the $40.481B mark. However, in the case of the 1-day TVL change, Nusa is the dominant DeFi project, accounting for a 2788% surge over twenty-four hours.
Contrarily, the NFT sales volume has recorded a 17.09% decline, reaching $17,820,542. Even then, the top-selling NFT collection, Courtyard, has climbed by 146.65% to touch $2,807,336.
US Government to Use Blockchain-Based Financial Reporting, Whereas CFTC Official Declares Exit from Office
Apart from that, the crypto market industry has also witnessed many other notable developments over 24 hours. In this respect, the US Commerce Department has announced the official use of the blockchain technology for the country’s economic reporting.
Moreover, Kristin Johnson, a popular US CFTC Commissioner, has declared her departure from the regulator on September 3. Furthermore, a whale investor has acquired $1.12M in meme coins linked to World Liberty Financial ($WLFI) by deploying 248 $ETH.
